Vanguard FTSE Developed Markets ETF $VEA Shares Sold by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company decreased its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 14.3% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 9,907,011 shares of the company’s stock after selling 1,651,127 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Vanguard FTSE Developed Markets ETF were worth $634,841,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. Nova Wealth Management Inc. boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 151.5% during the fourth quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock valued at $26,000 after acquiring an additional 253 shares during the last quarter. Strategic Wealth Advisors LLC purchased a new stake in Vanguard FTSE Developed Markets ETF during the 4th quarter worth about $35,000. Quaker Wealth Management LLC raised its stake in Vanguard FTSE Developed Markets ETF by 7,637.5% in the 4th quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock valued at $39,000 after purchasing an additional 611 shares during the last quarter. Scarborough Advisors LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the 1st quarter valued at about $40,000. Finally, Strategic Advocates LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 66.1% in the 4th quarter. Strategic Advocates LLC now owns 623 shares of the company’s stock valued at $39,000 after purchasing an additional 248 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.4%

NYSEARCA:VEA opened at $70.00 on Tuesday. Vanguard FTSE Developed Markets ETF has a 12-month low of $55.68 and a 12-month high of $73.23. The firm has a market cap of $226.80 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. The company’s 50-day moving average is $70.82 and its two-hundred day moving average is $68.28.

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.