Smith Salley Wealth Management Sells 1,465 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Smith Salley Wealth Management trimmed its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 7.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 19,535 shares of the company’s stock after selling 1,465 shares during the quarter. Smith Salley Wealth Management’s holdings in Vanguard FTSE Developed Markets ETF were worth $934,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Sunbelt Securities Inc. raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.8% during the 2nd quarter. Sunbelt Securities Inc. now owns 11,686 shares of the company’s stock worth $578,000 after buying an additional 205 shares in the last quarter. Patriot Financial Group Insurance Agency LLC raised its stake in Vanguard FTSE Developed Markets ETF by 0.3% during the third quarter. Patriot Financial Group Insurance Agency LLC now owns 65,927 shares of the company’s stock worth $3,482,000 after acquiring an additional 205 shares in the last quarter. Optimum Investment Advisors lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.7% in the third quarter. Optimum Investment Advisors now owns 12,644 shares of the company’s stock worth $668,000 after acquiring an additional 207 shares during the last quarter. Olistico Wealth LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 13.9% in the 3rd quarter. Olistico Wealth LLC now owns 1,708 shares of the company’s stock valued at $90,000 after purchasing an additional 208 shares in the last quarter. Finally, MTM Investment Management LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.5% during the 3rd quarter. MTM Investment Management LLC now owns 14,238 shares of the company’s stock valued at $743,000 after purchasing an additional 208 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA:VEA opened at $48.57 on Friday. The firm has a 50 day simple moving average of $49.02 and a 200 day simple moving average of $50.30. The company has a market cap of $127.25 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a one year low of $46.33 and a one year high of $53.40.

About Vanguard FTSE Developed Markets ETF

The Vanguard Developed Markets Index Fund (VEA) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap weighted index of large-, mid- and small-cap stocks from developed markets outside the US. VEA was launched on Jul 20, 2007 and is managed by Vanguard.