Truist Financial Corp Grows Stake in Vanguard FTSE Developed Markets ETF $VEA

Truist Financial Corp increased its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,456,215 shares of the company’s stock after purchasing an additional 113,678 shares during the quarter. Truist Financial Corp’s holdings in Vanguard FTSE Developed Markets ETF were worth $207,096,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VEA. Corient Private Wealth LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 122.9% during 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 last quarter. Gallagher Fiduciary Advisors LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 5,002.6% in the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 11,901,177 shares of the company’s stock valued at $678,486,000 after buying an additional 11,667,939 shares during the last quarter. Bank of America Corp DE raised its stake in Vanguard FTSE Developed Markets ETF by 3.0% during the 2nd quarter. Bank of America Corp DE now owns 194,545,244 shares of the company’s stock worth $11,091,024,000 after acquiring an additional 5,747,233 shares in the last quarter. Gridiron Partners LLC lifted its position in Vanguard FTSE Developed Markets ETF by 16,333.2% in the third quarter. Gridiron Partners LLC now owns 4,432,845 shares of the company’s stock valued at $265,616,000 after acquiring an additional 4,405,870 shares during the last quarter. Finally, Captrust Financial Advisors lifted its position in Vanguard FTSE Developed Markets ETF by 20.9% in the second quarter. Captrust Financial Advisors now owns 24,996,434 shares of the company’s stock valued at $1,425,044,000 after acquiring an additional 4,314,597 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA stock opened at $67.16 on Wednesday. The stock’s 50-day moving average is $62.90 and its two-hundred day moving average is $60.61. Vanguard FTSE Developed Markets ETF has a 1 year low of $45.14 and a 1 year high of $67.27. The firm has a market cap of $208.04 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87.

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.