Birchbrook Inc. Has $11.99 Million Stock Position in Vanguard FTSE Developed Markets ETF $VEA

Birchbrook Inc. grew its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 200,143 shares of the company’s stock after acquiring an additional 9,008 shares during the period. Vanguard FTSE Developed Markets ETF accounts for 6.2% of Birchbrook Inc.’s holdings, making the stock its 3rd biggest holding. Birchbrook Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $11,993,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Bank of America Corp DE boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.0% in 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 during the period. Envestnet Asset Management Inc. raised its position in Vanguard FTSE Developed Markets ETF by 1.0% during 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 purchasing an additional 958,633 shares in the last quarter. WealthNavi Inc. raised its position 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 purchasing an additional 549,899 shares in the last quarter. Corient Private Wealth LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 122.9% in the 2nd quarter. Corient Private Wealth LLC now owns 41,168,047 shares of the company’s stock worth $2,201,917,000 after buying an additional 22,700,179 shares during the period. Finally, Captrust Financial Advisors grew 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 Trading Down 0.7%

Shares of Vanguard FTSE Developed Markets ETF stock opened at $66.72 on Thursday. The stock’s fifty day moving average price is $63.04 and its 200-day moving average price is $60.65. The firm has a market cap of $206.67 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 $67.27.

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.