US Bancorp DE Sells 4,009,547 Shares of Vanguard FTSE Developed Markets ETF $VEA

US Bancorp DE cut its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 25.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 11,599,538 shares of the company’s stock after selling 4,009,547 shares during the period. Vanguard FTSE Developed Markets ETF accounts for approximately 0.8% of US Bancorp DE’s portfolio, making the stock its 22nd biggest holding. US Bancorp DE owned 0.40% of Vanguard FTSE Developed Markets ETF worth $661,290,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Envestnet Asset Management Inc. increased its stake in shares of Vanguard FTSE Developed Markets ETF by 0.7% in the first quarter. Envestnet Asset Management Inc. now owns 98,747,918 shares of the company’s stock worth $5,019,357,000 after purchasing an additional 660,028 shares during the period. Wealthfront Advisers LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 3.0% in the first quarter. Wealthfront Advisers LLC now owns 60,371,395 shares of the company’s stock worth $3,068,678,000 after purchasing an additional 1,778,345 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in shares of Vanguard FTSE Developed Markets ETF by 3.2% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 59,628,214 shares of the company’s stock worth $3,030,902,000 after purchasing an additional 1,840,640 shares during the period. Northern Trust Corp increased its stake in shares of Vanguard FTSE Developed Markets ETF by 3.5% in the first quarter. Northern Trust Corp now owns 42,599,905 shares of the company’s stock worth $2,165,353,000 after purchasing an additional 1,425,051 shares during the period. Finally, Wealthspire Advisors LLC increased its stake in Vanguard FTSE Developed Markets ETF by 110.7% during the first quarter. Wealthspire Advisors LLC now owns 22,514,780 shares of the company’s stock valued at $1,144,426,000 after acquiring an additional 11,830,891 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Up 0.3%

Shares of VEA opened at $60.84 on Thursday. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $61.32. The firm has a market capitalization of $181.28 billion, a price-to-earnings ratio of 16.34 and a beta of 0.89. The stock’s 50-day moving average price is $59.07 and its 200 day moving average price is $55.85.

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.