Royal Bank of Canada Raises Stock Position in Vanguard FTSE Developed Markets ETF $VEA

Royal Bank of Canada boosted its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 42,271,448 shares of the company’s stock after acquiring an additional 754,450 shares during the period. Royal Bank of Canada owned 1.36% of Vanguard FTSE Developed Markets ETF worth $2,640,699,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Betterment LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.8% in the 4th quarter. Betterment LLC now owns 138,588,366 shares of the company’s stock worth $8,657,615,000 after buying an additional 1,140,627 shares during the last quarter. Morgan Stanley increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 44.0% in the 4th quarter. Morgan Stanley now owns 90,491,038 shares of the company’s stock worth $5,652,975,000 after buying an additional 27,650,637 shares during the last quarter. Wells Fargo & Company MN increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.3% in the 4th quarter. Wells Fargo & Company MN now owns 64,314,341 shares of the company’s stock worth $4,017,717,000 after buying an additional 848,196 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 6.5% in 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 buying an additional 3,757,877 shares during the last quarter. Finally, Wealthfront Advisers LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.6% in the 4th quarter. Wealthfront Advisers LLC now owns 58,685,582 shares of the company’s stock worth $3,666,088,000 after buying an additional 375,614 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA:VEA opened at $72.32 on Wednesday. The company’s fifty day moving average price is $69.63 and its 200-day moving average price is $66.58. The firm has a market capitalization of $231.95 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a one year low of $54.63 and a one year high of $72.85.

Vanguard FTSE Developed Markets ETF 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.