WealthNavi Inc. Purchases 932,045 Shares of Vanguard FTSE Developed Markets ETF $VEA

WealthNavi Inc. increased its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 50,415,584 shares of the company’s stock after buying an additional 932,045 shares during the period. Vanguard FTSE Developed Markets ETF accounts for about 27.6% of WealthNavi Inc.’s investment portfolio, making the stock its 2nd biggest holding. WealthNavi Inc. owned approximately 1.54% of Vanguard FTSE Developed Markets ETF worth $3,559,844,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Envestnet Asset Management Inc. lifted its stake in shares of 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 valued at $6,277,926,000 after purchasing an additional 2,039,805 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in Vanguard FTSE Developed Markets ETF by 4.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 66,823,471 shares of the company’s stock valued at $4,761,172,000 after acquiring an additional 2,675,380 shares in the last quarter. Royal Bank of Canada lifted 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 in the last quarter. Baird Financial Group Inc. boosted its position in Vanguard FTSE Developed Markets ETF by 4.5% during the 2nd quarter. Baird Financial Group Inc. now owns 22,461,369 shares of the company’s stock worth $1,600,373,000 after acquiring an additional 977,255 shares during the last quarter. Finally, Facet Wealth Inc. boosted its holdings in Vanguard FTSE Developed Markets ETF by 11.2% during the second quarter. Facet Wealth Inc. now owns 15,511,173 shares of the company’s stock worth $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 NYSEARCA VEA opened at $69.88 on Wednesday. The business has a 50-day moving average of $71.47 and a 200-day moving average of $69.37. The stock has a market capitalization of $229.12 billion, a price-to-earnings ratio of 16.34 and a beta of 0.84. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $58.88 and a fifty-two week high of $74.04.

About Vanguard FTSE Developed Markets ETF

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.