Van Cleef Asset Management Inc Sells 1,370 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Van Cleef Asset Management Inc reduced its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 66,796 shares of the company’s stock after selling 1,370 shares during the period. Van Cleef Asset Management Inc’s holdings in Vanguard FTSE Developed Markets ETF were worth $3,200,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Creative Planning boosted its holdings in Vanguard FTSE Developed Markets ETF by 1.4% during the third quarter. Creative Planning now owns 124,132,310 shares of the company’s stock worth $5,427,065,000 after purchasing an additional 1,726,718 shares during the last quarter. Betterment LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 2.6% during the third quarter. Betterment LLC now owns 108,000,000 shares of the company’s stock worth $4,735,356,000 after acquiring an additional 2,711,916 shares during the period. Jones Financial Companies Lllp grew its stake in Vanguard FTSE Developed Markets ETF by 1.8% in the 3rd quarter. Jones Financial Companies Lllp now owns 76,186,378 shares of the company’s stock valued at $3,330,868,000 after purchasing an additional 1,341,616 shares during the period. Morgan Stanley increased its position in shares of Vanguard FTSE Developed Markets ETF by 3.7% during the 3rd quarter. Morgan Stanley now owns 54,759,270 shares of the company’s stock valued at $2,394,075,000 after purchasing an additional 1,930,476 shares during the last quarter. Finally, WealthNavi Inc. raised its stake in shares of Vanguard FTSE Developed Markets ETF by 2.5% during the 4th quarter. WealthNavi Inc. now owns 40,170,244 shares of the company’s stock worth $1,924,155,000 after purchasing an additional 965,155 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Down 0.4 %

VEA traded down $0.19 during trading on Thursday, hitting $48.54. 8,433,566 shares of the company traded hands, compared to its average volume of 11,598,163. The firm has a market cap of $127.17 billion, a P/E ratio of 13.31 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a one year low of $41.48 and a one year high of $50.36. The stock’s fifty day moving average is $49.20 and its 200 day moving average is $46.99.

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.