552,116 Vanguard FTSE Developed Markets ETF $VEA Shares Acquired by Wedmont Private Capital

Wedmont Private Capital grew its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 10.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,824,638 shares of the company’s stock after purchasing an additional 552,116 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up approximately 9.7% of Wedmont Private Capital’s investment portfolio, making the stock its largest position. Wedmont Private Capital’s holdings in Vanguard FTSE Developed Markets ETF were worth $406,909,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in VEA. Envestnet Asset Management Inc. lifted its holdings in Vanguard FTSE Developed Markets ETF by 2.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 88,111,242 shares of the company’s stock valued at $6,277,926,000 after buying an additional 2,039,805 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Vanguard FTSE Developed Markets ETF by 4.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 66,823,471 shares of the company’s stock worth $4,761,172,000 after acquiring an additional 2,675,380 shares during the period. Auto Owners Insurance Co increased its position in shares of Vanguard FTSE Developed Markets ETF by 6,941.5% during the fourth quarter. Auto Owners Insurance Co now owns 73,636,513 shares of the company’s stock worth $4,600,073,000 after acquiring an additional 72,590,763 shares during the period. Wells Fargo & Company MN raised its stake in shares of Vanguard FTSE Developed Markets ETF by 1.3% during the fourth quarter. Wells Fargo & Company MN now owns 64,314,341 shares of the company’s stock valued at $4,017,717,000 after acquiring an additional 848,196 shares in the last quarter. Finally, Royal Bank of Canada boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 11.9% in the first quarter. Royal Bank of Canada now owns 47,313,421 shares of the company’s stock valued at $3,031,844,000 after purchasing an additional 5,041,973 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Up 0.5%

NYSEARCA:VEA traded up $0.33 during midday trading on Friday, hitting $70.19. The stock had a trading volume of 4,351,307 shares, compared to its average volume of 14,151,344. The stock has a 50-day moving average of $72.25 and a 200 day moving average of $70.35. The company has a market capitalization of $230.12 billion, a price-to-earnings ratio of 16.34 and a beta of 0.84. Vanguard FTSE Developed Markets ETF has a one year low of $58.88 and a one year high of $74.04.

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.