Vanguard FTSE Developed Markets ETF $VEA Stake Reduced by Fifth Third Bancorp

Fifth Third Bancorp reduced its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.8% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,047,113 shares of the company’s stock after selling 41,528 shares during the quarter. Fifth Third Bancorp owned 0.15% of Vanguard FTSE Developed Markets ETF worth $356,377,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of VEA. Pathway Financial Advisors LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 44.9% during the 3rd quarter. Pathway Financial Advisors LLC now owns 70,764 shares of the company’s stock valued at $4,997,000 after buying an additional 21,916 shares in the last quarter. AdvisorNet Financial Inc boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 4.2% in the 3rd quarter. AdvisorNet Financial Inc now owns 523,978 shares of the company’s stock valued at $36,312,000 after purchasing an additional 21,081 shares in the last quarter. Moody National Bank Trust Division grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 7.9% during the 3rd quarter. Moody National Bank Trust Division now owns 1,176,580 shares of the company’s stock valued at $83,078,000 after purchasing an additional 86,572 shares during the last quarter. Fifth Third Wealth Advisors LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 5.7% in the third quarter. Fifth Third Wealth Advisors LLC now owns 316,675 shares of the company’s stock worth $22,360,000 after purchasing an additional 17,165 shares during the last quarter. Finally, Mechanics Bank Trust Department boosted its position in Vanguard FTSE Developed Markets ETF by 21.1% during the third quarter. Mechanics Bank Trust Department now owns 70,679 shares of the company’s stock valued at $4,991,000 after buying an additional 12,304 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA stock opened at $69.92 on Thursday. The business has a 50-day moving average of $70.71 and a 200 day moving average of $69.63. The stock has a market capitalization of $230.83 billion, a PE ratio of 16.34 and a beta of 0.85. Vanguard FTSE Developed Markets ETF has a 1-year low of $58.88 and a 1-year high of $74.04.

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.