Sumitomo Mitsui DS Asset Management Company Ltd Sells 290,958 Shares of Vanguard FTSE Developed Markets ETF $VEA

Sumitomo Mitsui DS Asset Management Company Ltd cut its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 76.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 88,446 shares of the company’s stock after selling 290,958 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Vanguard FTSE Developed Markets ETF were worth $6,245,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of VEA. Vestia Personal Wealth Advisors raised its stake in shares of Vanguard FTSE Developed Markets ETF by 7.6% during the 3rd quarter. Vestia Personal Wealth Advisors now owns 6,545 shares of the company’s stock worth $462,000 after buying an additional 461 shares during the last quarter. CFS Investment Advisory Services LLC grew its stake in Vanguard FTSE Developed Markets ETF by 4.2% in the 3rd quarter. CFS Investment Advisory Services LLC now owns 431,799 shares of the company’s stock valued at $30,705,000 after acquiring an additional 17,498 shares during the last quarter. Single Point Partners LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 5.6% during the 3rd quarter. Single Point Partners LLC now owns 97,421 shares of the company’s stock valued at $6,879,000 after acquiring an additional 5,180 shares in the last quarter. Warwick Investment Management Inc. increased its holdings in Vanguard FTSE Developed Markets ETF by 98.8% during the 3rd quarter. Warwick Investment Management Inc. now owns 822,840 shares of the company’s stock valued at $58,101,000 after acquiring an additional 408,846 shares in the last quarter. Finally, Smithbridge Asset Management Inc. DE increased its holdings in Vanguard FTSE Developed Markets ETF by 27.3% during the 3rd quarter. Smithbridge Asset Management Inc. DE now owns 99,457 shares of the company’s stock valued at $7,023,000 after acquiring an additional 21,340 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.5%

Shares of VEA opened at $70.12 on Thursday. The stock has a market cap of $229.91 billion, a P/E ratio of 16.34 and a beta of 0.84. The company has a 50-day moving average of $71.82 and a two-hundred day moving average of $70.75. Vanguard FTSE Developed Markets ETF has a 12-month low of $58.88 and a 12-month high of $74.04.

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.