Lazard Asset Management LLC Reduces Stock Position in Vanguard FTSE Developed Markets ETF $VEA

Lazard Asset Management LLC trimmed its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 41.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 30,258 shares of the company’s stock after selling 21,347 shares during the period. Lazard Asset Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,939,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of VEA. Auto Owners Insurance Co raised its holdings in Vanguard FTSE Developed Markets ETF by 6,941.5% during the fourth quarter. Auto Owners Insurance Co now owns 73,636,513 shares of the company’s stock worth $4,600,073,000 after purchasing an additional 72,590,763 shares during the last quarter. Morgan Stanley grew its holdings in Vanguard FTSE Developed Markets ETF by 44.0% in the fourth quarter. Morgan Stanley now owns 90,491,038 shares of the company’s stock valued at $5,652,975,000 after purchasing an additional 27,650,637 shares during the last quarter. Corient Private Wealth LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 122.9% in the second quarter. Corient Private Wealth LLC now owns 41,168,047 shares of the company’s stock valued at $2,201,917,000 after purchasing an additional 22,700,179 shares during the last quarter. Jasper Ridge Partners L.P. increased its position in shares of Vanguard FTSE Developed Markets ETF by 35.6% in the third quarter. Jasper Ridge Partners L.P. now owns 20,757,883 shares of the company’s stock valued at $1,243,812,000 after buying an additional 5,451,849 shares in the last quarter. Finally, Cambridge Associates LLC MA ADV raised its stake in shares of Vanguard FTSE Developed Markets ETF by 152.5% during the 3rd quarter. Cambridge Associates LLC MA ADV now owns 8,489,920 shares of the company’s stock worth $508,716,000 after buying an additional 5,127,412 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.6%

NYSEARCA:VEA opened at $71.04 on Tuesday. Vanguard FTSE Developed Markets ETF has a 52-week low of $56.59 and a 52-week high of $73.23. The stock has a fifty day simple moving average of $70.83 and a 200-day simple moving average of $68.49. The company has a market capitalization of $230.16 billion, a PE ratio of 16.34 and a beta of 0.83.

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.