Vanguard FTSE Developed Markets ETF $VEA is Tanglewood Wealth Management Inc.’s 2nd Largest Position

Tanglewood Wealth Management Inc. raised its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 30.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,739,624 shares of the company’s stock after buying an additional 642,944 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up approximately 15.4% of Tanglewood Wealth Management Inc.’s holdings, making the stock its 2nd largest holding. Tanglewood Wealth Management Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $156,186,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. grew its holdings in 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 buying an additional 660,028 shares during the period. Wealthfront Advisers LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 3.0% in the 1st quarter. Wealthfront Advisers LLC now owns 60,371,395 shares of the company’s stock valued at $3,068,678,000 after buying an additional 1,778,345 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in Vanguard FTSE Developed Markets ETF by 3.2% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 59,628,214 shares of the company’s stock valued at $3,030,902,000 after buying an additional 1,840,640 shares during the period. WealthNavi Inc. grew its holdings in Vanguard FTSE Developed Markets ETF by 0.7% in the 1st quarter. WealthNavi Inc. now owns 49,789,539 shares of the company’s stock valued at $2,530,802,000 after buying an additional 362,543 shares during the period. Finally, Northern Trust Corp grew its holdings in Vanguard FTSE Developed Markets ETF by 3.5% in the 1st quarter. Northern Trust Corp now owns 42,599,905 shares of the company’s stock valued at $2,165,353,000 after buying an additional 1,425,051 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

VEA opened at $61.06 on Friday. The stock has a market capitalization of $179.48 billion, a price-to-earnings ratio of 16.34 and a beta of 0.89. The business has a 50-day moving average of $58.84 and a two-hundred day moving average of $55.68. Vanguard FTSE Developed Markets ETF has a 12 month low of $45.14 and a 12 month high of $61.15.

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.