Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) is Bay Harbor Wealth Management LLC’s 5th Largest Position

Bay Harbor Wealth Management LLC cut its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.6% during the fourth quarter, Holdings Channel reports. The firm owned 386,260 shares of the company’s stock after selling 6,266 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up 6.0% of Bay Harbor Wealth Management LLC’s portfolio, making the stock its 5th biggest holding. Bay Harbor Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $18,471,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in VEA. Kozak & Associates Inc. boosted its position in shares of Vanguard FTSE Developed Markets ETF by 268.0% during the fourth quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock worth $27,000 after acquiring an additional 410 shares during the last quarter. Decker Retirement Planning Inc. bought a new position in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter valued at about $29,000. Lummis Asset Management LP purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the third quarter valued at about $34,000. Crews Bank & Trust bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter worth about $37,000. Finally, Atwood & Palmer Inc. purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter worth about $42,000.

Vanguard FTSE Developed Markets ETF Trading Down 0.6 %

Shares of Vanguard FTSE Developed Markets ETF stock opened at $49.63 on Tuesday. Vanguard FTSE Developed Markets ETF has a 12 month low of $46.72 and a 12 month high of $53.40. The stock has a 50 day moving average of $49.10 and a 200 day moving average of $50.24. The firm has a market cap of $130.03 billion, a PE ratio of 13.32 and a beta of 0.88.

Vanguard FTSE Developed Markets ETF Company 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.