Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) is Lbmc Investment Advisors LLC’s 8th Largest Position

Lbmc Investment Advisors LLC lessened its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 7.4% during the 4th quarter, HoldingsChannel reports. The firm owned 398,218 shares of the company’s stock after selling 31,808 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for about 1.5% of Lbmc Investment Advisors LLC’s investment portfolio, making the stock its 8th biggest holding. Lbmc Investment Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $19,043,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in VEA. Kozak & Associates Inc. increased its stake in shares of Vanguard FTSE Developed Markets ETF by 268.0% in the 4th quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock valued at $27,000 after purchasing an additional 410 shares in the last quarter. Decker Retirement Planning Inc. purchased a new position in Vanguard FTSE Developed Markets ETF during the fourth quarter worth approximately $29,000. Lummis Asset Management LP acquired a new stake in Vanguard FTSE Developed Markets ETF in the third quarter valued at approximately $34,000. Abich Financial Wealth Management LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 2,458.6% in the second quarter. Abich Financial Wealth Management LLC now owns 742 shares of the company’s stock valued at $37,000 after buying an additional 713 shares in the last quarter. Finally, Fairscale Capital LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter worth approximately $38,000.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA:VEA opened at $48.57 on Friday. The business’s 50 day moving average price is $49.02 and its 200-day moving average price is $50.30. Vanguard FTSE Developed Markets ETF has a 1 year low of $46.33 and a 1 year high of $53.40. The firm has a market capitalization of $127.25 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88.

Vanguard FTSE Developed Markets ETF Profile

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.