Creative Planning Has $7.53 Billion Holdings in Vanguard FTSE Developed Markets ETF $VEA

Creative Planning lowered its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.5% during the second quarter, HoldingsChannel reports. The institutional investor owned 132,070,439 shares of the company’s stock after selling 6,275,864 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for about 6.4% of Creative Planning’s investment portfolio, making the stock its 3rd largest holding. Creative Planning’s holdings in Vanguard FTSE Developed Markets ETF were worth $7,529,336,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Vanguard FTSE Developed Markets ETF Stock Down 0.1%

VEA stock opened at $61.32 on Friday. The company’s 50-day moving average price is $60.49 and its two-hundred day moving average price is $57.89. The firm has a market cap of $182.71 billion, a P/E ratio of 16.34 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a 12 month low of $45.14 and a 12 month high of $62.20.

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.