Vanguard FTSE Developed Markets ETF $VEA Stock: BIP Wealth LLC Boosts Holdings

BIP Wealth LLC lifted its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.5% in the 3rd quarter, HoldingsChannel reports. The firm owned 600,584 shares of the company’s stock after purchasing an additional 14,574 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up about 1.2% of BIP Wealth LLC’s portfolio, making the stock its 12th largest position. BIP Wealth LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $42,407,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its holdings in Vanguard FTSE Developed Markets ETF by 2.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 88,111,242 shares of the company’s stock worth $6,277,926,000 after purchasing an additional 2,039,805 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of Vanguard FTSE Developed Markets ETF by 4.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 66,823,471 shares of the company’s stock valued at $4,761,172,000 after purchasing an additional 2,675,380 shares in the last quarter. Royal Bank of Canada raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 11.9% during the 1st quarter. Royal Bank of Canada now owns 47,313,421 shares of the company’s stock worth $3,031,844,000 after acquiring an additional 5,041,973 shares during the period. Baird Financial Group Inc. grew its stake in shares of Vanguard FTSE Developed Markets ETF by 4.5% in the 2nd quarter. Baird Financial Group Inc. now owns 22,461,369 shares of the company’s stock valued at $1,600,373,000 after buying an additional 977,255 shares during the period. Finally, Facet Wealth Inc. lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 11.2% in the 2nd quarter. Facet Wealth Inc. now owns 15,511,173 shares of the company’s stock valued at $1,105,171,000 after purchasing an additional 1,558,357 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA opened at $69.05 on Friday. The firm has a 50-day simple moving average of $71.64 and a two-hundred day simple moving average of $70.77. Vanguard FTSE Developed Markets ETF has a 1-year low of $58.88 and a 1-year high of $74.04. The stock has a market cap of $226.40 billion, a PE ratio of 16.34 and a beta of 0.84.

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.