Manning & Napier Advisors LLC Sells 5,671 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Manning & Napier Advisors LLC lowered its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.9% in the first quarter, HoldingsChannel reports. The firm owned 628,738 shares of the company’s stock after selling 5,671 shares during the period. Manning & Napier Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $31,959,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Seven Mile Advisory boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 0.7% during the 4th quarter. Seven Mile Advisory now owns 27,400 shares of the company’s stock worth $1,310,000 after acquiring an additional 198 shares during the period. Arbor Wealth Advisors LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.4% during the 1st quarter. Arbor Wealth Advisors LLC now owns 47,883 shares of the company’s stock worth $2,434,000 after buying an additional 200 shares during the period. ARK & TLK Investments LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.5% during the 4th quarter. ARK & TLK Investments LLC now owns 6,109 shares of the company’s stock worth $292,000 after buying an additional 205 shares during the period. Elevation Wealth Partners LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.4% during the 1st quarter. Elevation Wealth Partners LLC now owns 56,322 shares of the company’s stock worth $2,863,000 after buying an additional 206 shares during the period. Finally, Key Client Fiduciary Advisors LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 2.6% during the 1st quarter. Key Client Fiduciary Advisors LLC now owns 8,166 shares of the company’s stock worth $415,000 after buying an additional 210 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Down 1.6%

Shares of NYSEARCA:VEA opened at $55.00 on Friday. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $56.91. The stock has a market cap of $156.75 billion, a PE ratio of 16.52 and a beta of 0.87. The business has a 50 day moving average of $54.15 and a 200-day moving average of $51.42.

Vanguard FTSE Developed Markets ETF Company 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.