Main Management LLC Increases Stock Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Main Management LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 20,607 shares of the company’s stock after purchasing an additional 721 shares during the quarter. Main Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $985,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of VEA. Bank of America Corp DE grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 6.6% during the fourth quarter. Bank of America Corp DE now owns 175,393,114 shares of the company’s stock worth $8,387,299,000 after purchasing an additional 10,807,527 shares during the last quarter. Betterment LLC boosted its position 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 purchasing an additional 10,132,168 shares during the period. Envestnet Asset Management Inc. grew its stake in Vanguard FTSE Developed Markets ETF by 1.7% during the 4th 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 during the last quarter. Wells Fargo & Company MN increased its holdings 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 acquiring an additional 2,488,154 shares during the period. Finally, WealthNavi Inc. increased its stake in Vanguard FTSE Developed Markets ETF by 7.2% in the fourth quarter. WealthNavi Inc. now owns 49,426,996 shares of the company’s stock valued at $2,363,599,000 after purchasing an additional 3,331,395 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA opened at $54.03 on Wednesday. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.14 and a fifty-two week high of $54.33. The firm has a 50-day simple moving average of $51.33 and a 200-day simple moving average of $50.33. The company has a market capitalization of $153.99 billion, a price-to-earnings ratio of 16.25 and a beta of 0.88.

Vanguard FTSE Developed Markets ETF 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.