M&T Bank Corp Has $337.32 Million Position in Vanguard FTSE Developed Markets ETF $VEA

M&T Bank Corp trimmed its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.7% in the third quarter, HoldingsChannel reports. The firm owned 5,629,496 shares of the company’s stock after selling 156,198 shares during the period. Vanguard FTSE Developed Markets ETF makes up about 1.1% of M&T Bank Corp’s portfolio, making the stock its 18th largest position. M&T Bank Corp’s holdings in Vanguard FTSE Developed Markets ETF were worth $337,320,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wood Tarver Financial Group LLC grew its stake in Vanguard FTSE Developed Markets ETF by 3.4% in the third quarter. Wood Tarver Financial Group LLC now owns 99,366 shares of the company’s stock valued at $5,954,000 after acquiring an additional 3,259 shares during the period. Olde Wealth Management LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the third quarter worth approximately $1,103,000. NorthRock Partners LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 81.6% during the third quarter. NorthRock Partners LLC now owns 124,035 shares of the company’s stock worth $7,432,000 after purchasing an additional 55,731 shares during the period. Comerica Bank lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 7.0% in the 3rd quarter. Comerica Bank now owns 1,818,725 shares of the company’s stock worth $108,978,000 after purchasing an additional 118,430 shares in the last quarter. Finally, Texas Capital Bank Wealth Management Services Inc lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 6.5% in the 3rd quarter. Texas Capital Bank Wealth Management Services Inc now owns 273,644 shares of the company’s stock worth $16,397,000 after purchasing an additional 16,802 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 1.2%

NYSEARCA VEA opened at $63.82 on Friday. The company has a market cap of $197.69 billion, a P/E ratio of 16.34 and a beta of 0.87. The company has a fifty day simple moving average of $66.69 and a 200 day simple moving average of $62.84. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $70.55.

About Vanguard FTSE Developed Markets ETF

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.