Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Shares Sold by Cliffwater LLC

Cliffwater LLC lowered its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.1% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 774,022 shares of the company’s stock after selling 1,008 shares during the period. Vanguard FTSE Developed Markets ETF comprises 9.1% of Cliffwater LLC’s investment portfolio, making the stock its 5th biggest position. Cliffwater LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $37,014,000 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 VEA. Bank of America Corp DE lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 6.6% in the fourth quarter. Bank of America Corp DE now owns 175,393,114 shares of the company’s stock valued at $8,387,299,000 after buying an additional 10,807,527 shares during the period. Betterment LLC lifted its position in Vanguard FTSE Developed Markets ETF by 8.0% in the fourth quarter. Betterment LLC now owns 137,485,176 shares of the company’s stock worth $6,574,541,000 after purchasing an additional 10,132,168 shares during the period. Envestnet Asset Management Inc. boosted its stake in Vanguard FTSE Developed Markets ETF by 1.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 98,087,890 shares of the company’s stock worth $4,690,563,000 after buying an additional 1,599,089 shares in the last quarter. Wells Fargo & Company MN increased its holdings in Vanguard FTSE Developed Markets ETF by 4.0% in the 4th quarter. Wells Fargo & Company MN now owns 65,258,786 shares of the company’s stock valued at $3,120,675,000 after buying an additional 2,488,154 shares during the period. Finally, WealthNavi Inc. increased its position in shares of Vanguard FTSE Developed Markets ETF by 7.2% during the 4th quarter. WealthNavi Inc. now owns 49,426,996 shares of the company’s stock worth $2,363,599,000 after purchasing an additional 3,331,395 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA VEA opened at $53.51 on Thursday. The stock has a fifty day moving average of $51.18 and a 200-day moving average of $50.25. The stock has a market capitalization of $151.97 billion, a P/E ratio of 15.69 and a beta of 0.86. Vanguard FTSE Developed Markets ETF has a 52 week low of $45.14 and a 52 week high of $53.86.

About Vanguard FTSE Developed Markets ETF

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.