Vanguard FTSE Developed Markets ETF $VEA Position Cut by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. lessened its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 14.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 259,311 shares of the company’s stock after selling 44,083 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $15,538,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VEA. Bank of America Corp DE raised its holdings in Vanguard FTSE Developed Markets ETF by 3.0% during the second quarter. Bank of America Corp DE now owns 194,545,244 shares of the company’s stock worth $11,091,024,000 after purchasing an additional 5,747,233 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of Vanguard FTSE Developed Markets ETF by 1.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 99,706,551 shares of the company’s stock valued at $5,684,072,000 after purchasing an additional 958,633 shares during the period. Wealthfront Advisers LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 3.1% during the 3rd quarter. Wealthfront Advisers LLC now owns 58,309,968 shares of the company’s stock valued at $3,493,933,000 after purchasing an additional 1,755,210 shares during the period. Jones Financial Companies Lllp raised its stake in shares of Vanguard FTSE Developed Markets ETF by 3.6% in the 3rd quarter. Jones Financial Companies Lllp now owns 51,311,775 shares of the company’s stock worth $3,049,419,000 after buying an additional 1,794,331 shares in the last quarter. Finally, WealthNavi Inc. raised its stake in shares of Vanguard FTSE Developed Markets ETF by 1.1% in the 3rd quarter. WealthNavi Inc. now owns 48,797,610 shares of the company’s stock worth $2,923,953,000 after buying an additional 549,899 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 1.1%

Shares of VEA stock opened at $69.52 on Friday. The stock has a 50-day simple moving average of $65.26 and a 200 day simple moving average of $61.94. The stock has a market capitalization of $215.35 billion, a P/E ratio of 16.34 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.14 and a fifty-two week high of $69.56.

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.