Mather Group LLC. Cuts Holdings in Vanguard FTSE Developed Markets ETF $VEA

Mather Group LLC. decreased its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 20.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 94,046 shares of the company’s stock after selling 24,693 shares during the period. Mather Group LLC.’s holdings in Vanguard FTSE Developed Markets ETF were worth $5,875,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Bank of America Corp DE grew its position in Vanguard FTSE Developed Markets ETF by 3.0% in the second quarter. Bank of America Corp DE now owns 194,545,244 shares of the company’s stock worth $11,091,024,000 after acquiring an additional 5,747,233 shares in the last quarter. Betterment LLC increased its stake in Vanguard FTSE Developed Markets ETF by 2.5% in the third quarter. Betterment LLC now owns 137,447,739 shares of the company’s stock valued at $8,235,869,000 after acquiring an additional 3,364,345 shares during the last quarter. Wealthfront Advisers LLC raised its position in Vanguard FTSE Developed Markets ETF by 3.1% during the third quarter. Wealthfront Advisers LLC now owns 58,309,968 shares of the company’s stock valued at $3,493,933,000 after purchasing an additional 1,755,210 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Vanguard FTSE Developed Markets ETF by 5.6% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 58,128,458 shares of the company’s stock worth $3,483,057,000 after purchasing an additional 3,076,786 shares during the last quarter. Finally, Jones Financial Companies Lllp lifted its stake in Vanguard FTSE Developed Markets ETF by 3.6% during the third quarter. Jones Financial Companies Lllp now owns 51,311,775 shares of the company’s stock worth $3,049,419,000 after purchasing an additional 1,794,331 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 2.3%

VEA opened at $62.48 on Friday. The stock has a market capitalization of $193.54 billion, a P/E ratio of 16.34 and a beta of 0.87. The stock has a 50-day moving average price of $66.58 and a 200-day moving average price of $63.16. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $70.55.

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.