Concurrent Investment Advisors LLC Raises Position in Vanguard FTSE Developed Markets ETF $VEA

Concurrent Investment Advisors LLC increased its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 83.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 770,910 shares of the company’s stock after purchasing an additional 350,680 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $54,927,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of VEA. Bank of America Corp DE increased its position in Vanguard FTSE Developed Markets ETF by 2.1% in the fourth quarter. Bank of America Corp DE now owns 205,758,023 shares of the company’s stock worth $12,853,704,000 after buying an additional 4,289,361 shares during the last quarter. Betterment LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 0.8% during the 4th quarter. Betterment LLC now owns 138,588,366 shares of the company’s stock valued at $8,657,615,000 after buying an additional 1,140,627 shares during the last quarter. Morgan Stanley grew its stake in shares of Vanguard FTSE Developed Markets ETF by 44.0% during the 4th quarter. Morgan Stanley now owns 90,491,038 shares of the company’s stock worth $5,652,975,000 after acquiring an additional 27,650,637 shares during the period. Auto Owners Insurance Co grew its stake in shares of Vanguard FTSE Developed Markets ETF by 6,941.5% during the 4th 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. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of Vanguard FTSE Developed Markets ETF by 4.2% during the 2nd 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.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $73.44 on Friday. The stock has a market capitalization of $237.94 billion, a P/E ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 52-week low of $58.37 and a 52-week high of $74.04. The stock’s 50-day simple moving average is $71.59 and its 200 day simple moving average is $69.53.

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.