Maple Capital Management Inc. Cuts Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

by · The Cerbat Gem

Maple Capital Management Inc. lowered its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA – Free Report) by 30.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,738 shares of the company’s stock after selling 2,903 shares during the period. Maple Capital Management Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $356,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Transcendent Capital Group LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 101.2% during the second quarter. Transcendent Capital Group LLC now owns 509 shares of the company’s stock worth $25,000 after purchasing an additional 256 shares in the last quarter. Triad Wealth Partners LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the second quarter worth about $31,000. Spectrum Wealth Counsel LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the second quarter worth about $33,000. Abich Financial Wealth Management LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 2,458.6% during the second quarter. Abich Financial Wealth Management LLC now owns 742 shares of the company’s stock worth $37,000 after purchasing an additional 713 shares in the last quarter. Finally, Fairscale Capital LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the second quarter worth about $38,000.

Vanguard FTSE Developed Markets ETF Stock Down 0.6 %

VEA stock opened at $50.92 on Tuesday. Vanguard FTSE Developed Markets ETF has a 52 week low of $41.48 and a 52 week high of $53.40. The stock has a market capitalization of $133.41 billion, a P/E ratio of 13.32 and a beta of 0.88. The firm has a 50-day simple moving average of $51.73 and a 200-day simple moving average of $50.50.

Vanguard FTSE Developed Markets ETF Profile

(Free Report)

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.

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