Vanguard FTSE Developed Markets ETF $VEA Position Raised by Royal Bank of Canada

Royal Bank of Canada boosted its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 11.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 47,313,421 shares of the company’s stock after purchasing an additional 5,041,973 shares during the period. Royal Bank of Canada owned approximately 1.48% of Vanguard FTSE Developed Markets ETF worth $3,031,844,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. Cherry Creek Investment Advisors Inc. lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.6% in the first quarter. Cherry Creek Investment Advisors Inc. now owns 9,836 shares of the company’s stock valued at $630,000 after buying an additional 151 shares during the period. Mascagni Wealth Management Inc. grew its holdings in Vanguard FTSE Developed Markets ETF by 2.1% during the fourth quarter. Mascagni Wealth Management Inc. now owns 7,231 shares of the company’s stock worth $452,000 after acquiring an additional 152 shares during the period. Ironwood Investment Counsel LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 0.4% during the first quarter. Ironwood Investment Counsel LLC now owns 39,675 shares of the company’s stock worth $2,542,000 after acquiring an additional 153 shares during the period. River Wealth Advisors LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 1.3% in the 4th quarter. River Wealth Advisors LLC now owns 12,143 shares of the company’s stock valued at $759,000 after acquiring an additional 161 shares during the last quarter. Finally, Belpointe Asset Management LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 0.5% in the 4th quarter. Belpointe Asset Management LLC now owns 34,529 shares of the company’s stock worth $2,157,000 after purchasing an additional 162 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA VEA opened at $69.60 on Wednesday. The company has a market capitalization of $225.50 billion, a P/E ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 12 month low of $55.68 and a 12 month high of $73.23. The company’s 50 day simple moving average is $70.83 and its 200 day simple moving average is $68.32.

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.