Global Strategic Investment Solutions LLC decreased its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA – Free Report) by 1.7% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 167,353 shares of the company’s stock after selling 2,920 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises approximately 1.0% of Global Strategic Investment Solutions LLC’s portfolio, making the stock its 27th biggest position. Global Strategic Investment Solutions LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $9,541,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VEA. Envestnet Asset Management Inc. raised its holdings in Vanguard FTSE Developed Markets ETF by 0.7% in the first quarter. Envestnet Asset Management Inc. now owns 98,747,918 shares of the company’s stock worth $5,019,357,000 after purchasing an additional 660,028 shares in the last quarter. Wealthfront Advisers LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 3.0% in the first quarter. Wealthfront Advisers LLC now owns 60,371,395 shares of the company’s stock worth $3,068,678,000 after purchasing an additional 1,778,345 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Vanguard FTSE Developed Markets ETF by 3.2% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 59,628,214 shares of the company’s stock worth $3,030,902,000 after purchasing an additional 1,840,640 shares in the last quarter. WealthNavi Inc. raised its holdings in Vanguard FTSE Developed Markets ETF by 0.7% in the first quarter. WealthNavi Inc. now owns 49,789,539 shares of the company’s stock worth $2,530,802,000 after purchasing an additional 362,543 shares in the last quarter. Finally, Northern Trust Corp raised its holdings in Vanguard FTSE Developed Markets ETF by 3.5% in the first quarter. Northern Trust Corp now owns 42,599,905 shares of the company’s stock worth $2,165,353,000 after purchasing an additional 1,425,051 shares in the last quarter.
Vanguard FTSE Developed Markets ETF Trading Up 0.9%
VEA opened at $61.06 on Friday. The stock has a fifty day simple moving average of $58.84 and a two-hundred day simple moving average of $55.69. The company has a market cap of $179.48 billion, a price-to-earnings ratio of 16.34 and a beta of 0.89. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $61.15.
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.
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