Whipplewood Advisors LLC Sells 5,687 Shares of Vanguard FTSE Developed Markets ETF $VEA

Whipplewood Advisors LLC trimmed its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 6.7% during the second quarter, HoldingsChannel.com reports. The fund owned 79,003 shares of the company’s stock after selling 5,687 shares during the period. Vanguard FTSE Developed Markets ETF makes up approximately 2.5% of Whipplewood Advisors LLC’s holdings, making the stock its 2nd biggest position. Whipplewood Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $4,504,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Envestnet Asset Management Inc. grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.7% in the 1st quarter. Envestnet Asset Management Inc. now owns 98,747,918 shares of the company’s stock worth $5,019,357,000 after acquiring an additional 660,028 shares during the last quarter. Wealthfront Advisers LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.0% during the first quarter. Wealthfront Advisers LLC now owns 60,371,395 shares of the company’s stock valued at $3,068,678,000 after buying an additional 1,778,345 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.2% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 59,628,214 shares of the company’s stock valued at $3,030,902,000 after buying an additional 1,840,640 shares in the last quarter. Northern Trust Corp grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.5% during the first quarter. Northern Trust Corp now owns 42,599,905 shares of the company’s stock valued at $2,165,353,000 after buying an additional 1,425,051 shares in the last quarter. Finally, Wealthspire Advisors LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 110.7% during the first quarter. Wealthspire Advisors LLC now owns 22,514,780 shares of the company’s stock valued at $1,144,426,000 after buying an additional 11,830,891 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.3%

Shares of VEA stock opened at $61.22 on Friday. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.14 and a 1-year high of $61.32. The company has a market capitalization of $182.41 billion, a price-to-earnings ratio of 16.34 and a beta of 0.89. The stock’s fifty day simple moving average is $59.76 and its 200-day simple moving average is $56.79.

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.