Arvest Investments Inc. Decreases Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Arvest Investments Inc. lessened its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 869,405 shares of the company’s stock after selling 1,779 shares during the period. Vanguard FTSE Developed Markets ETF makes up approximately 6.6% of Arvest Investments Inc.’s holdings, making the stock its 2nd largest holding. Arvest Investments Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $41,575,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of VEA. Kozak & Associates Inc. increased its holdings in Vanguard FTSE Developed Markets ETF by 268.0% during the 4th quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock worth $27,000 after acquiring an additional 410 shares during the period. Decker Retirement Planning Inc. bought a new position in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter worth $29,000. Keystone Financial Group Inc. bought a new position in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter worth $32,000. Crews Bank & Trust bought a new position in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter worth $37,000. Finally, Farmers & Merchants Trust Co of Chambersburg PA increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 44.2% in the 4th quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 777 shares of the company’s stock worth $37,000 after buying an additional 238 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA:VEA opened at $52.99 on Thursday. The company’s fifty day moving average price is $50.58 and its 200-day moving average price is $50.47. The firm has a market capitalization of $148.90 billion, a price-to-earnings ratio of 16.97 and a beta of 0.92. Vanguard FTSE Developed Markets ETF has a one year low of $46.80 and a one year high of $53.40.

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.