Smartleaf Asset Management LLC Has $6.67 Million Holdings in Vanguard FTSE Developed Markets ETF $VEA

Smartleaf Asset Management LLC trimmed its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 10.0% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 111,702 shares of the company’s stock after selling 12,445 shares during the period. Smartleaf Asset Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $6,670,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. First National Bank of Hutchinson bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the 3rd quarter worth about $823,000. Hurlow Wealth Management Group Inc. lifted its holdings in Vanguard FTSE Developed Markets ETF by 3.7% in the 3rd quarter. Hurlow Wealth Management Group Inc. now owns 445,040 shares of the company’s stock worth $26,667,000 after purchasing an additional 16,060 shares during the last quarter. a16z Perennial Management L.P. acquired a new stake in Vanguard FTSE Developed Markets ETF in the 3rd quarter worth approximately $2,926,000. Moloney Securities Asset Management LLC boosted its position in Vanguard FTSE Developed Markets ETF by 15.2% during the third quarter. Moloney Securities Asset Management LLC now owns 28,275 shares of the company’s stock worth $1,694,000 after purchasing an additional 3,726 shares during the period. Finally, Kraft Davis & Associates LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 2.0% during the third quarter. Kraft Davis & Associates LLC now owns 162,902 shares of the company’s stock valued at $9,970,000 after purchasing an additional 3,161 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 2.2%

Shares of Vanguard FTSE Developed Markets ETF stock opened at $67.37 on Friday. The firm has a fifty day simple moving average of $63.90 and a 200-day simple moving average of $61.13. The stock has a market capitalization of $208.69 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.14 and a 1-year high of $67.46.

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.