Manuka Financial LLC Sells 67,850 Shares of Vanguard FTSE Developed Markets ETF $VEA

Manuka Financial LLC trimmed its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 47.3% during the 2nd quarter, Holdings Channel reports. The fund owned 75,568 shares of the company’s stock after selling 67,850 shares during the period. Vanguard FTSE Developed Markets ETF comprises about 2.3% of Manuka Financial LLC’s portfolio, making the stock its 11th largest position. Manuka Financial LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $4,308,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Kessler Investment Group LLC bought a new position in Vanguard FTSE Developed Markets ETF during the 1st quarter worth about $26,000. von Borstel & Associates Inc. bought a new position in Vanguard FTSE Developed Markets ETF during the 1st quarter worth about $26,000. Financial Network Wealth Advisors LLC bought a new position in Vanguard FTSE Developed Markets ETF during the 1st quarter worth about $26,000. Financial Gravity Asset Management Inc. bought a new position in Vanguard FTSE Developed Markets ETF during the 1st quarter worth about $28,000. Finally, Nemes Rush Group LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 236.5% during the 1st quarter. Nemes Rush Group LLC now owns 572 shares of the company’s stock worth $29,000 after acquiring an additional 402 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA stock opened at $61.02 on Friday. The firm has a market cap of $181.81 billion, a price-to-earnings ratio of 16.34 and a beta of 0.89. The firm has a 50-day simple moving average of $59.72 and a two-hundred day simple moving average of $56.60. Vanguard FTSE Developed Markets ETF has a one year low of $45.14 and a one year high of $61.32.

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.