Bank of New York Mellon Corp Sells 914,724 Shares of Vanguard FTSE Developed Markets ETF $VEA

Bank of New York Mellon Corp cut its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 6.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,176,389 shares of the company’s stock after selling 914,724 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.41% of Vanguard FTSE Developed Markets ETF worth $844,343,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in VEA. Auto Owners Insurance Co increased its stake in shares of Vanguard FTSE Developed Markets ETF by 6,941.5% in 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 in the last quarter. Morgan Stanley lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 44.0% during the 4th quarter. Morgan Stanley now owns 90,491,038 shares of the company’s stock valued at $5,652,975,000 after buying an additional 27,650,637 shares in the last quarter. Corient Private Wealth LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 122.9% in the 2nd quarter. Corient Private Wealth LLC now owns 41,168,047 shares of the company’s stock worth $2,201,917,000 after buying an additional 22,700,179 shares during the period. Jasper Ridge Partners L.P. boosted its holdings in Vanguard FTSE Developed Markets ETF by 35.6% in the 3rd quarter. Jasper Ridge Partners L.P. now owns 20,757,883 shares of the company’s stock worth $1,243,812,000 after buying an additional 5,451,849 shares during the period. Finally, Cambridge Associates LLC MA ADV boosted its holdings in Vanguard FTSE Developed Markets ETF by 152.5% in 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 period.

Vanguard FTSE Developed Markets ETF Trading Down 1.1%

Vanguard FTSE Developed Markets ETF stock opened at $70.03 on Friday. The firm has a 50 day simple moving average of $70.86 and a 200 day simple moving average of $67.94. Vanguard FTSE Developed Markets ETF has a 1-year low of $55.68 and a 1-year high of $73.23. The firm has a market capitalization of $226.89 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83.

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.