Morling Financial Advisors LLC Sells 805 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Morling Financial Advisors LLC lowered its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 62,833 shares of the company’s stock after selling 805 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up about 2.4% of Morling Financial Advisors LLC’s portfolio, making the stock its 12th biggest position. Morling Financial Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $3,010,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. GW Henssler & Associates Ltd. bought a new position in Vanguard FTSE Developed Markets ETF in the fourth quarter worth approximately $244,000. Keener Financial Planning LLC bought a new position in Vanguard FTSE Developed Markets ETF in the fourth quarter worth approximately $25,125,000. NewSquare Capital LLC grew its stake in Vanguard FTSE Developed Markets ETF by 2.8% in the fourth quarter. NewSquare Capital LLC now owns 321,863 shares of the company’s stock worth $15,417,000 after purchasing an additional 8,654 shares in the last quarter. Morton Brown Family Wealth LLC grew its stake in Vanguard FTSE Developed Markets ETF by 6.9% in the fourth quarter. Morton Brown Family Wealth LLC now owns 350,815 shares of the company’s stock worth $16,804,000 after purchasing an additional 22,651 shares in the last quarter. Finally, Stratos Investment Management LLC grew its stake in Vanguard FTSE Developed Markets ETF by 2.3% in the fourth quarter. Stratos Investment Management LLC now owns 145,862 shares of the company’s stock worth $6,987,000 after purchasing an additional 3,221 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Vanguard FTSE Developed Markets ETF stock traded down $0.14 during mid-day trading on Wednesday, reaching $48.73. 7,247,318 shares of the company were exchanged, compared to its average volume of 11,638,218. The business has a fifty day moving average of $49.18 and a 200 day moving average of $46.98. The firm has a market cap of $127.67 billion, a P/E ratio of 13.31 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 12-month low of $41.48 and a 12-month high of $50.36.

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.