Mirae Asset Global Investments Co. Ltd. Trims Stake in Vanguard FTSE Developed Markets ETF $VEA

Mirae Asset Global Investments Co. Ltd. lowered its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 35.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 17,000 shares of the company’s stock after selling 9,513 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,019,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Ballentine Partners LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 6.0% during the third quarter. Ballentine Partners LLC now owns 5,055,936 shares of the company’s stock valued at $302,952,000 after purchasing an additional 285,576 shares during the period. Valeo Financial Advisors LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 1.2% during the 3rd quarter. Valeo Financial Advisors LLC now owns 544,694 shares of the company’s stock valued at $32,638,000 after buying an additional 6,256 shares in the last quarter. Truist Financial Corp lifted its holdings in Vanguard FTSE Developed Markets ETF by 3.4% during the 3rd quarter. Truist Financial Corp now owns 3,456,215 shares of the company’s stock valued at $207,096,000 after buying an additional 113,678 shares in the last quarter. Avant Financial Advisors LLC boosted its position in Vanguard FTSE Developed Markets ETF by 0.4% in the 3rd quarter. Avant Financial Advisors LLC now owns 184,034 shares of the company’s stock valued at $11,027,000 after buying an additional 665 shares during the period. Finally, Bluesphere Advisors LLC boosted its position in Vanguard FTSE Developed Markets ETF by 13.9% in the 3rd quarter. Bluesphere Advisors LLC now owns 12,818 shares of the company’s stock valued at $768,000 after buying an additional 1,561 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA:VEA opened at $66.80 on Thursday. The firm has a market cap of $206.92 billion, a PE ratio of 16.34 and a beta of 0.87. The firm’s 50 day simple moving average is $63.69 and its 200-day simple moving average is $61.00. Vanguard FTSE Developed Markets ETF has a one year low of $45.14 and a one year high of $67.46.

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.