Manuka Financial LLC Makes New $6.52 Million Investment in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Manuka Financial LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 136,237 shares of the company’s stock, valued at approximately $6,515,000. Vanguard FTSE Developed Markets ETF makes up about 4.4% of Manuka Financial LLC’s holdings, making the stock its 6th biggest holding.

Several other institutional investors and hedge funds have also modified their holdings of VEA. Creative Planning raised its holdings in Vanguard FTSE Developed Markets ETF by 3.8% in the 3rd quarter. Creative Planning now owns 145,118,743 shares of the company’s stock valued at $7,663,721,000 after acquiring an additional 5,341,481 shares during the last quarter. WealthNavi Inc. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 5.6% during the third quarter. WealthNavi Inc. now owns 46,095,601 shares of the company’s stock worth $2,434,309,000 after purchasing an additional 2,436,012 shares during the last quarter. LPL Financial LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 4.5% in the third quarter. LPL Financial LLC now owns 22,283,298 shares of the company’s stock valued at $1,176,781,000 after purchasing an additional 954,457 shares during the period. Captrust Financial Advisors increased its stake in Vanguard FTSE Developed Markets ETF by 7.2% in the third quarter. Captrust Financial Advisors now owns 16,431,983 shares of the company’s stock valued at $867,773,000 after purchasing an additional 1,103,351 shares during the last quarter. Finally, Cerity Partners LLC lifted its position in Vanguard FTSE Developed Markets ETF by 12.4% during the third quarter. Cerity Partners LLC now owns 15,432,650 shares of the company’s stock worth $814,998,000 after buying an additional 1,700,587 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Down 1.0 %

Shares of NYSEARCA:VEA opened at $49.94 on Friday. Vanguard FTSE Developed Markets ETF has a 12-month low of $46.72 and a 12-month high of $53.40. The stock’s 50-day moving average price is $49.10 and its two-hundred day moving average price is $50.25. The firm has a market cap of $130.84 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88.

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.