Vanguard FTSE Developed Markets ETF $VEA Stock: Precedent Wealth Partners LLC Raises Stake

Precedent Wealth Partners LLC grew its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 11.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 637,303 shares of the company’s stock after purchasing an additional 63,222 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises about 6.6% of Precedent Wealth Partners LLC’s investment portfolio, making the stock its largest position. Precedent Wealth Partners LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $45,000,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Envestnet Asset Management Inc. increased its stake in shares of Vanguard FTSE Developed Markets ETF by 2.4% in the second quarter. Envestnet Asset Management Inc. now owns 88,111,242 shares of the company’s stock valued at $6,277,926,000 after buying an additional 2,039,805 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings 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 buying an additional 2,675,380 shares during the last quarter. Royal Bank of Canada lifted its position in 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 buying an additional 5,041,973 shares in the last quarter. Baird Financial Group Inc. lifted 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 buying an additional 977,255 shares in the last quarter. Finally, Facet Wealth Inc. lifted its position in Vanguard FTSE Developed Markets ETF by 11.2% during the 2nd quarter. Facet Wealth Inc. now owns 15,511,173 shares of the company’s stock worth $1,105,171,000 after buying an additional 1,558,357 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Down 1.2%

Shares of NYSEARCA:VEA opened at $69.26 on Friday. Vanguard FTSE Developed Markets ETF has a 12 month low of $58.88 and a 12 month high of $74.04. The company’s 50-day moving average price is $71.73 and its two-hundred day moving average price is $70.79. The firm has a market cap of $227.09 billion, a P/E 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.