US Bancorp DE Sells 4,009,547 Shares of Vanguard FTSE Developed Markets ETF $VEA

US Bancorp DE trimmed its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 25.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,599,538 shares of the company’s stock after selling 4,009,547 shares during the period. Vanguard FTSE Developed Markets ETF makes up approximately 0.8% of US Bancorp DE’s holdings, making the stock its 22nd largest holding. US Bancorp DE’s holdings in Vanguard FTSE Developed Markets ETF were worth $661,290,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wealthspire Advisors LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 110.7% in the 1st quarter. Wealthspire Advisors LLC now owns 22,514,780 shares of the company’s stock valued at $1,144,426,000 after purchasing an additional 11,830,891 shares during the period. TFO Wealth Partners LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter valued at approximately $222,710,000. Wit LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 99,898.4% in the 1st quarter. Wit LLC now owns 4,020,934 shares of the company’s stock valued at $204,384,000 after purchasing an additional 4,016,913 shares during the period. SCS Capital Management LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 48.0% in the 1st quarter. SCS Capital Management LLC now owns 10,411,294 shares of the company’s stock valued at $529,206,000 after purchasing an additional 3,377,989 shares during the period. Finally, RWA Wealth Partners LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 20.6% in the 1st quarter. RWA Wealth Partners LLC now owns 13,542,589 shares of the company’s stock valued at $688,370,000 after purchasing an additional 2,313,204 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Up 0.3%

VEA stock opened at $60.84 on Thursday. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.14 and a 1-year high of $61.32. The firm has a market cap of $181.28 billion, a P/E ratio of 16.34 and a beta of 0.89. The business’s 50 day moving average is $59.07 and its 200-day moving average is $55.85.

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.