Gemmer Asset Management LLC Has $51.86 Million Position in Vanguard FTSE Developed Markets ETF $VEA

Gemmer Asset Management LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 9.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 865,398 shares of the company’s stock after acquiring an additional 77,968 shares during the period. Vanguard FTSE Developed Markets ETF makes up 4.2% of Gemmer Asset Management LLC’s holdings, making the stock its 7th largest position. Gemmer Asset Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $51,855,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its stake in shares of Vanguard FTSE Developed Markets ETF by 3.0% during the second quarter. Bank of America Corp DE now owns 194,545,244 shares of the company’s stock valued at $11,091,024,000 after purchasing an additional 5,747,233 shares in the last quarter. Envestnet Asset Management Inc. grew its position in Vanguard FTSE Developed Markets ETF by 1.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 99,706,551 shares of the company’s stock valued at $5,684,072,000 after buying an additional 958,633 shares in the last quarter. WealthNavi Inc. increased its stake in Vanguard FTSE Developed Markets ETF by 1.1% during the 3rd quarter. WealthNavi Inc. now owns 48,797,610 shares of the company’s stock valued at $2,923,953,000 after buying an additional 549,899 shares during the period. Corient Private Wealth LLC increased its stake in Vanguard FTSE Developed Markets ETF by 122.9% during the 2nd quarter. Corient Private Wealth LLC now owns 41,168,047 shares of the company’s stock valued at $2,201,917,000 after buying an additional 22,700,179 shares during the period. Finally, Captrust Financial Advisors raised its position in shares of Vanguard FTSE Developed Markets ETF by 20.9% during the 2nd quarter. Captrust Financial Advisors now owns 24,996,434 shares of the company’s stock worth $1,425,044,000 after buying an additional 4,314,597 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

VEA opened at $62.68 on Thursday. The business has a 50 day moving average price of $61.33 and a two-hundred day moving average price of $59.27. The company has a market capitalization of $186.76 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.14 and a 1-year high of $63.08.

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.