Manuka Financial LLC Grows Stake in Vanguard FTSE Developed Markets ETF $VEA

Manuka Financial LLC increased its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 29.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 97,573 shares of the company’s stock after purchasing an additional 22,005 shares during the period. Vanguard FTSE Developed Markets ETF accounts for 3.6% of Manuka Financial LLC’s portfolio, making the stock its 7th biggest position. Manuka Financial LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $5,847,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of VEA. Cloud Capital Management LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the third quarter valued at $37,000. Elevation Point Wealth Partners LLC bought a new position in Vanguard FTSE Developed Markets ETF during the 2nd quarter valued at about $48,000. Kilter Group LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter valued at about $49,000. Strengthening Families & Communities LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the third quarter worth approximately $55,000. Finally, Collier Financial bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the third quarter worth approximately $56,000.

Vanguard FTSE Developed Markets ETF Trading Up 1.1%

Shares of VEA stock opened at $69.52 on Friday. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $69.56. The stock has a market capitalization of $215.35 billion, a P/E ratio of 16.34 and a beta of 0.87. The firm’s 50 day moving average is $65.26 and its 200 day moving average is $61.91.

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.