Mackenzie Financial Corp Cuts Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Mackenzie Financial Corp reduced its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 34.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 200,796 shares of the company’s stock after selling 104,020 shares during the quarter. Mackenzie Financial Corp’s holdings in Vanguard FTSE Developed Markets ETF were worth $10,206,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of VEA. Bank of America Corp DE grew its stake in shares of Vanguard FTSE Developed Markets ETF by 6.6% in the 4th 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 grew its stake in shares of Vanguard FTSE Developed Markets ETF by 8.0% in the 4th quarter. Betterment LLC now owns 137,485,176 shares of the company’s stock valued at $6,574,541,000 after buying an additional 10,132,168 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of Vanguard FTSE Developed Markets ETF by 0.7% in the 1st quarter. Envestnet Asset Management Inc. now owns 98,747,918 shares of the company’s stock valued at $5,019,357,000 after buying an additional 660,028 shares during the period. Wells Fargo & Company MN grew its stake in shares of 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, Wealthfront Advisers LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 3.0% in the 1st quarter. Wealthfront Advisers LLC now owns 60,371,395 shares of the company’s stock valued at $3,068,678,000 after buying an additional 1,778,345 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

Vanguard FTSE Developed Markets ETF stock opened at $56.22 on Friday. The firm has a 50 day simple moving average of $56.49 and a 200-day simple moving average of $53.04. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.14 and a 1-year high of $58.52. The stock has a market cap of $162.52 billion, a price-to-earnings ratio of 16.34 and a beta of 0.89.

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.