Ameriprise Financial Inc. Sells 3,242,869 Shares of Vanguard FTSE Developed Markets ETF $VEA

Ameriprise Financial Inc. lessened its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 21.0% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 12,186,163 shares of the company’s stock after selling 3,242,869 shares during the period. Ameriprise Financial Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $619,295,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in VEA. Resolute Advisors LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 6.6% during the 1st quarter. Resolute Advisors LLC now owns 126,131 shares of the company’s stock valued at $6,411,000 after acquiring an additional 7,801 shares during the last quarter. Monashee Investment Management LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 5.5% in the first quarter. Monashee Investment Management LLC now owns 1,832,100 shares of the company’s stock worth $93,126,000 after purchasing an additional 95,500 shares during the last quarter. CW Advisors LLC raised its stake in Vanguard FTSE Developed Markets ETF by 10.0% in the first quarter. CW Advisors LLC now owns 294,830 shares of the company’s stock valued at $14,992,000 after purchasing an additional 26,866 shares in the last quarter. Summit Financial LLC lifted its position in Vanguard FTSE Developed Markets ETF by 10.2% during the first quarter. Summit Financial LLC now owns 564,968 shares of the company’s stock valued at $28,717,000 after purchasing an additional 52,362 shares during the last quarter. Finally, Aufman Associates Inc grew its stake in Vanguard FTSE Developed Markets ETF by 4.4% in the 1st quarter. Aufman Associates Inc now owns 515,154 shares of the company’s stock worth $26,185,000 after buying an additional 21,901 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA:VEA opened at $58.61 on Friday. The company’s fifty day moving average price is $57.12 and its 200-day moving average price is $53.94. The firm has a market capitalization of $168.39 billion, a price-to-earnings ratio of 16.34 and a beta of 0.89. Vanguard FTSE Developed Markets ETF has a one year low of $45.14 and a one year high of $59.02.

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.