Noble Wealth Management PBC Increases Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Noble Wealth Management PBC increased its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 68.0% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 4,812 shares of the company’s stock after acquiring an additional 1,948 shares during the quarter. Noble Wealth Management PBC’s holdings in Vanguard FTSE Developed Markets ETF were worth $245,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VEA. Bank of America Corp DE grew its stake in Vanguard FTSE Developed Markets ETF by 6.6% during the fourth quarter. Bank of America Corp DE now owns 175,393,114 shares of the company’s stock valued at $8,387,299,000 after acquiring an additional 10,807,527 shares in the last quarter. Betterment LLC grew its stake in Vanguard FTSE Developed Markets ETF by 8.0% during the fourth quarter. Betterment LLC now owns 137,485,176 shares of the company’s stock valued at $6,574,541,000 after acquiring an additional 10,132,168 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in Vanguard FTSE Developed Markets ETF by 1.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 98,087,890 shares of the company’s stock valued at $4,690,563,000 after acquiring an additional 1,599,089 shares in the last quarter. Wells Fargo & Company MN grew its stake in Vanguard FTSE Developed Markets ETF by 4.0% during the fourth quarter. Wells Fargo & Company MN now owns 65,258,786 shares of the company’s stock valued at $3,120,675,000 after acquiring an additional 2,488,154 shares in the last quarter. Finally, WealthNavi Inc. grew its stake in Vanguard FTSE Developed Markets ETF by 0.7% during the first quarter. WealthNavi Inc. now owns 49,789,539 shares of the company’s stock valued at $2,530,802,000 after acquiring an additional 362,543 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA opened at $56.42 on Thursday. The stock has a market capitalization of $160.80 billion, a price-to-earnings ratio of 16.52 and a beta of 0.87. The company has a fifty day moving average of $52.97 and a 200 day moving average of $51.12. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.14 and a fifty-two week high of $56.68.

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.