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

Manuka Financial LLC purchased a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 136,237 shares of the company’s stock, valued at approximately $6,515,000. Vanguard FTSE Developed Markets ETF accounts for about 4.4% of Manuka Financial LLC’s holdings, making the stock its 6th largest holding.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VEA. Patriot Financial Group Insurance Agency LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 0.3% during the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 65,927 shares of the company’s stock valued at $3,482,000 after purchasing an additional 205 shares during the last quarter. Optimum Investment Advisors increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.7% during the third quarter. Optimum Investment Advisors now owns 12,644 shares of the company’s stock worth $668,000 after buying an additional 207 shares in the last quarter. Olistico Wealth LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 13.9% in the third quarter. Olistico Wealth LLC now owns 1,708 shares of the company’s stock valued at $90,000 after acquiring an additional 208 shares during the last quarter. MTM Investment Management LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.5% in the 3rd quarter. MTM Investment Management LLC now owns 14,238 shares of the company’s stock worth $743,000 after acquiring an additional 208 shares in the last quarter. Finally, O Connor Financial Group LLC grew its position in Vanguard FTSE Developed Markets ETF by 3.4% during the 4th quarter. O Connor Financial Group LLC now owns 6,318 shares of the company’s stock worth $302,000 after acquiring an additional 210 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA opened at $49.94 on Friday. The company has a market cap of $130.84 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. The stock has a fifty day moving average price of $49.10 and a two-hundred day moving average price of $50.25. Vanguard FTSE Developed Markets ETF has a 52-week low of $46.72 and a 52-week high of $53.40.

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.