New York Life Investment Management LLC cut its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA – Free Report) by 17.8% in the third quarter, HoldingsChannel reports. The firm owned 1,188,689 shares of the company’s stock after selling 258,260 shares during the period. New York Life Investment Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $83,933,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds also recently added to or reduced their stakes in the company. First Community Trust NA purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter valued at about $37,000. Prudent Man Investment Management Inc. lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 937.5% in the 3rd quarter. Prudent Man Investment Management Inc. now owns 581 shares of the company’s stock valued at $41,000 after buying an additional 525 shares during the period. Scarborough Advisors LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the first quarter worth about $40,000. CKW Financial Group purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the second quarter worth about $52,000. Finally, TOP Private Wealth LLC. purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the second quarter worth about $59,000.
Vanguard FTSE Developed Markets ETF Stock Down 0.8%
Vanguard FTSE Developed Markets ETF stock opened at $69.36 on Wednesday. The firm has a market cap of $228.99 billion, a price-to-earnings ratio of 16.34 and a beta of 0.85. Vanguard FTSE Developed Markets ETF has a 52 week low of $58.88 and a 52 week high of $74.04. The business’s 50-day moving average price is $70.76 and its 200 day moving average price is $69.61.
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.
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Want to see what other hedge funds are holding VEA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA – Free Report).
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