Optas LLC Boosts Stock Holdings in Vanguard FTSE Developed Markets ETF $VEA

Optas LLC boosted its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 373.3% during the 3rd quarter, Holdings Channel reports. The firm owned 72,488 shares of the company’s stock after buying an additional 57,172 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up about 0.7% of Optas LLC’s holdings, making the stock its 25th biggest position. Optas LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $4,344,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in VEA. Petredis Investment Advisors LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 1.9% in the third quarter. Petredis Investment Advisors LLC now owns 854,355 shares of the company’s stock worth $51,193,000 after buying an additional 15,757 shares in the last quarter. Cornerstone Wealth Advisors Inc. grew its holdings in Vanguard FTSE Developed Markets ETF by 13.9% during the 3rd quarter. Cornerstone Wealth Advisors Inc. now owns 346,945 shares of the company’s stock valued at $20,789,000 after buying an additional 42,394 shares in the last quarter. Cypress Wealth Services LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 2.7% during the 3rd quarter. Cypress Wealth Services LLC now owns 98,612 shares of the company’s stock valued at $5,909,000 after buying an additional 2,572 shares in the last quarter. WealthNavi Inc. increased its stake in 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 acquiring an additional 549,899 shares during the last quarter. Finally, DAVENPORT & Co LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 6.6% during the 3rd quarter. DAVENPORT & Co LLC now owns 54,691 shares of the company’s stock worth $3,277,000 after acquiring an additional 3,375 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA VEA opened at $62.54 on Wednesday. The stock has a 50 day moving average price of $61.29 and a 200-day moving average price of $59.25. Vanguard FTSE Developed Markets ETF has a one year low of $45.14 and a one year high of $63.08. The company has a market capitalization of $186.34 billion, a P/E ratio of 16.34 and a beta of 0.87.

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.