Flputnam Investment Management Co. Reduces Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Flputnam Investment Management Co. decreased its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 9.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 117,058 shares of the company’s stock after selling 11,530 shares during the period. Flputnam Investment Management Co.’s holdings in Vanguard FTSE Developed Markets ETF were worth $5,607,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Cantor Fitzgerald Investment Advisor L.P lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.1% in the 1st quarter. Cantor Fitzgerald Investment Advisor L.P now owns 1,002,770 shares of the company’s stock worth $48,163,000 after acquiring an additional 11,011 shares during the last quarter. Ironwood Wealth Management LLC. lifted its holdings in Vanguard FTSE Developed Markets ETF by 70.3% during the 1st quarter. Ironwood Wealth Management LLC. now owns 26,321 shares of the company’s stock worth $1,264,000 after buying an additional 10,861 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in Vanguard FTSE Developed Markets ETF by 3.0% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,186,505 shares of the company’s stock worth $249,108,000 after buying an additional 152,648 shares in the last quarter. MAS Advisors LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 13.7% during the 1st quarter. MAS Advisors LLC now owns 44,656 shares of the company’s stock worth $2,178,000 after buying an additional 5,372 shares in the last quarter. Finally, Canada Pension Plan Investment Board acquired a new stake in Vanguard FTSE Developed Markets ETF during the 1st quarter worth approximately $6,004,000.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA:VEA traded down $0.44 during trading hours on Tuesday, reaching $47.92. The stock had a trading volume of 3,552,931 shares, compared to its average volume of 11,514,427. Vanguard FTSE Developed Markets ETF has a 1 year low of $41.48 and a 1 year high of $50.36. The firm’s 50 day moving average is $49.10 and its 200-day moving average is $46.77. The stock has a market capitalization of $125.55 billion, a price-to-earnings ratio of 13.31 and a beta of 0.88.

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.