41,504 Shares in Vanguard FTSE Developed Markets ETF $VEA Purchased by Stone Wealth Partners

Stone Wealth Partners acquired a new stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the fourth quarter, Holdings Channel reports. The firm acquired 41,504 shares of the company’s stock, valued at approximately $2,593,000. Vanguard FTSE Developed Markets ETF makes up approximately 2.3% of Stone Wealth Partners’ investment portfolio, making the stock its 13th largest holding.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VEA. Bank of America Corp DE raised its stake in shares of Vanguard FTSE Developed Markets ETF by 2.1% during the fourth quarter. Bank of America Corp DE now owns 205,758,023 shares of the company’s stock valued at $12,853,704,000 after acquiring an additional 4,289,361 shares in the last quarter. Betterment LLC grew its stake in Vanguard FTSE Developed Markets ETF by 0.8% in the fourth quarter. Betterment LLC now owns 138,588,366 shares of the company’s stock worth $8,657,615,000 after purchasing an additional 1,140,627 shares in the last quarter. Morgan Stanley grew its stake in Vanguard FTSE Developed Markets ETF by 44.0% in the fourth quarter. Morgan Stanley now owns 90,491,038 shares of the company’s stock worth $5,652,975,000 after purchasing an additional 27,650,637 shares in the last quarter. Wells Fargo & Company MN increased its holdings in Vanguard FTSE Developed Markets ETF by 1.3% during the 4th quarter. Wells Fargo & Company MN now owns 64,314,341 shares of the company’s stock worth $4,017,717,000 after purchasing an additional 848,196 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in Vanguard FTSE Developed Markets ETF by 6.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 61,886,335 shares of the company’s stock worth $3,866,039,000 after purchasing an additional 3,757,877 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Up 0.4%

Shares of NYSEARCA VEA opened at $72.31 on Friday. The business has a fifty day simple moving average of $69.92 and a two-hundred day simple moving average of $66.73. The firm has a market cap of $231.92 billion, a PE ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a twelve month low of $54.63 and a twelve month high of $73.23.

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.