SNS Financial Group LLC Lowers Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

SNS Financial Group LLC decreased its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 21.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 17,592 shares of the company’s stock after selling 4,705 shares during the quarter. SNS Financial Group LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $841,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Kozak & Associates Inc. raised its holdings in Vanguard FTSE Developed Markets ETF by 268.0% in the 4th quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock worth $27,000 after purchasing an additional 410 shares during the period. Decker Retirement Planning Inc. acquired a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter worth about $29,000. Keystone Financial Group Inc. acquired a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter worth about $32,000. Lummis Asset Management LP acquired a new position in Vanguard FTSE Developed Markets ETF in the 3rd quarter worth about $34,000. Finally, Crews Bank & Trust acquired a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter worth about $37,000.

Vanguard FTSE Developed Markets ETF Trading Down 0.9 %

NYSEARCA VEA opened at $51.41 on Thursday. The stock has a market capitalization of $134.69 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a twelve month low of $46.79 and a twelve month high of $53.40. The stock has a 50-day moving average of $49.24 and a 200 day moving average of $50.29.

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.