Kanawha Capital Management LLC Trims Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

by · The Cerbat Gem

Kanawha Capital Management LLC cut its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA – Free Report) by 2.0% in the first quarter, Holdings Channel.com reports. The firm owned 343,816 shares of the company’s stock after selling 7,104 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises approximately 1.4% of Kanawha Capital Management LLC’s investment portfolio, making the stock its 24th biggest position. Kanawha Capital Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $17,476,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in VEA. UP Strategic Wealth Investment Advisors LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 39.7% during the fourth quarter. UP Strategic Wealth Investment Advisors LLC now owns 336,096 shares of the company’s stock valued at $16,072,000 after purchasing an additional 95,531 shares during the period. Waterfront Wealth Inc. increased its stake in Vanguard FTSE Developed Markets ETF by 13.8% in the 1st quarter. Waterfront Wealth Inc. now owns 14,600 shares of the company’s stock worth $742,000 after buying an additional 1,770 shares during the period. Mcdaniel Terry & Co. lifted its holdings in Vanguard FTSE Developed Markets ETF by 13.5% during the 1st quarter. Mcdaniel Terry & Co. now owns 8,365 shares of the company’s stock valued at $425,000 after buying an additional 993 shares in the last quarter. Burling Wealth Partners LLC bought a new stake in Vanguard FTSE Developed Markets ETF during the 4th quarter valued at about $2,386,000. Finally, Upper Left Wealth Management LLC boosted its position in Vanguard FTSE Developed Markets ETF by 24.1% in the 1st quarter. Upper Left Wealth Management LLC now owns 44,834 shares of the company’s stock valued at $2,279,000 after buying an additional 8,721 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA stock opened at $56.97 on Wednesday. The company has a market capitalization of $163.67 billion, a P/E ratio of 16.34 and a beta of 0.89. The company’s 50-day simple moving average is $54.97 and its two-hundred day simple moving average is $51.71. Vanguard FTSE Developed Markets ETF has a one year low of $45.14 and a one year high of $57.05.

About Vanguard FTSE Developed Markets ETF

(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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