Evanson Asset Management LLC Raises Stock Position in Vanguard FTSE Developed Markets ETF $VEA

Evanson Asset Management LLC grew its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.6% during the second quarter, HoldingsChannel.com reports. The fund owned 55,561 shares of the company’s stock after purchasing an additional 319 shares during the quarter. Evanson Asset Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $3,168,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the business. Envestnet Asset Management Inc. raised its stake in shares of Vanguard FTSE Developed Markets ETF by 0.7% in the 1st quarter. Envestnet Asset Management Inc. now owns 98,747,918 shares of the company’s stock valued at $5,019,357,000 after acquiring an additional 660,028 shares during the period. Wealthfront Advisers LLC increased its stake in Vanguard FTSE Developed Markets ETF by 3.0% during the 1st quarter. Wealthfront Advisers LLC now owns 60,371,395 shares of the company’s stock worth $3,068,678,000 after buying an additional 1,778,345 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in Vanguard FTSE Developed Markets ETF by 3.2% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 59,628,214 shares of the company’s stock worth $3,030,902,000 after buying an additional 1,840,640 shares during the period. WealthNavi Inc. increased its stake in Vanguard FTSE Developed Markets ETF by 0.7% during the 1st quarter. WealthNavi Inc. now owns 49,789,539 shares of the company’s stock worth $2,530,802,000 after buying an additional 362,543 shares during the period. Finally, Northern Trust Corp increased its stake in Vanguard FTSE Developed Markets ETF by 3.5% during the 1st quarter. Northern Trust Corp now owns 42,599,905 shares of the company’s stock worth $2,165,353,000 after buying an additional 1,425,051 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

Vanguard FTSE Developed Markets ETF stock opened at $59.88 on Wednesday. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $60.51. The company has a market capitalization of $172.04 billion, a price-to-earnings ratio of 16.34 and a beta of 0.89. The firm’s fifty day moving average price is $58.43 and its 200 day moving average price is $55.25.

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.