MAS Advisors LLC Cuts Position in Vanguard FTSE Developed Markets ETF $VEA

MAS Advisors LLC lowered its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 32.3% in the second quarter, Holdings Channel reports. The firm owned 37,248 shares of the company’s stock after selling 17,777 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises about 3.5% of MAS Advisors LLC’s holdings, making the stock its 10th biggest position. MAS Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,124,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. boosted its position in Vanguard FTSE Developed Markets ETF by 0.7% during the first quarter. Envestnet Asset Management Inc. now owns 98,747,918 shares of the company’s stock valued at $5,019,357,000 after purchasing an additional 660,028 shares during the last quarter. Wealthfront Advisers LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 3.0% during the 1st quarter. Wealthfront Advisers LLC now owns 60,371,395 shares of the company’s stock worth $3,068,678,000 after purchasing an additional 1,778,345 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Vanguard FTSE Developed Markets ETF by 3.2% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 59,628,214 shares of the company’s stock worth $3,030,902,000 after purchasing an additional 1,840,640 shares in the last quarter. WealthNavi Inc. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.7% in the 1st quarter. WealthNavi Inc. now owns 49,789,539 shares of the company’s stock valued at $2,530,802,000 after buying an additional 362,543 shares during the last quarter. Finally, Northern Trust Corp boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.5% in the 1st 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 during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.9%

Shares of VEA opened at $61.06 on Monday. The company has a market cap of $179.48 billion, a price-to-earnings ratio of 16.34 and a beta of 0.89. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.14 and a 1-year high of $61.15. The company’s fifty day simple moving average is $58.84 and its 200 day simple moving average is $55.72.

Vanguard FTSE Developed Markets ETF 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.