Worth Asset Management LLC Reduces Stock Holdings in Vanguard FTSE Developed Markets ETF $VEA

Worth Asset Management LLC lowered its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 80.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,035 shares of the company’s stock after selling 44,076 shares during the period. Worth Asset Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $786,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Auto Owners Insurance Co lifted its position in shares of Vanguard FTSE Developed Markets ETF by 6,941.5% in the 4th quarter. Auto Owners Insurance Co now owns 73,636,513 shares of the company’s stock worth $4,600,073,000 after purchasing an additional 72,590,763 shares during the period. Morgan Stanley boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 44.0% during the 4th quarter. Morgan Stanley now owns 90,491,038 shares of the company’s stock valued at $5,652,975,000 after purchasing an additional 27,650,637 shares in the last quarter. Corient Private Wealth LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 122.9% during the second quarter. Corient Private Wealth LLC now owns 41,168,047 shares of the company’s stock valued at $2,201,917,000 after buying an additional 22,700,179 shares during the period. Jasper Ridge Partners L.P. increased its position in shares of Vanguard FTSE Developed Markets ETF by 35.6% during the third quarter. Jasper Ridge Partners L.P. now owns 20,757,883 shares of the company’s stock valued at $1,243,812,000 after buying an additional 5,451,849 shares during the period. Finally, Cambridge Associates LLC MA ADV raised its stake in Vanguard FTSE Developed Markets ETF by 152.5% in the third quarter. Cambridge Associates LLC MA ADV now owns 8,489,920 shares of the company’s stock worth $508,716,000 after buying an additional 5,127,412 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

VEA stock opened at $72.89 on Friday. Vanguard FTSE Developed Markets ETF has a 1 year low of $57.72 and a 1 year high of $73.23. The firm has a 50-day moving average of $70.89 and a 200 day moving average of $68.67. The company has a market cap of $236.16 billion, a P/E ratio of 16.34 and a beta of 0.83.

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.