Royal Bank of Canada Buys 754,450 Shares of Vanguard FTSE Developed Markets ETF $VEA

Royal Bank of Canada raised its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 42,271,448 shares of the company’s stock after purchasing an additional 754,450 shares during the quarter. Royal Bank of Canada’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,640,699,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Buck Wealth Strategies LLC boosted its position in Vanguard FTSE Developed Markets ETF by 16.3% during the 4th quarter. Buck Wealth Strategies LLC now owns 364,560 shares of the company’s stock valued at $22,774,000 after buying an additional 51,187 shares during the period. Chesley Taft & Associates LLC boosted its position in Vanguard FTSE Developed Markets ETF by 13.9% during the 4th quarter. Chesley Taft & Associates LLC now owns 331,150 shares of the company’s stock valued at $20,687,000 after buying an additional 40,482 shares during the period. Root Financial Partners LLC boosted its position in Vanguard FTSE Developed Markets ETF by 27.1% during the 4th quarter. Root Financial Partners LLC now owns 97,303 shares of the company’s stock valued at $6,079,000 after buying an additional 20,769 shares during the period. Eastern Bank boosted its position in Vanguard FTSE Developed Markets ETF by 3.5% during the 4th quarter. Eastern Bank now owns 2,427,295 shares of the company’s stock valued at $151,633,000 after buying an additional 81,764 shares during the period. Finally, Northeast Investment Management boosted its position in Vanguard FTSE Developed Markets ETF by 10.8% during the 3rd quarter. Northeast Investment Management now owns 419,287 shares of the company’s stock valued at $25,124,000 after buying an additional 40,747 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Down 0.1%

Shares of VEA opened at $72.32 on Wednesday. The stock has a market capitalization of $231.95 billion, a P/E ratio of 16.34 and a beta of 0.83. The firm has a fifty day simple moving average of $69.63 and a two-hundred day simple moving average of $66.58. Vanguard FTSE Developed Markets ETF has a twelve month low of $54.63 and a twelve month high of $72.85.

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.