Vanguard FTSE Developed Markets ETF $VEA Shares Bought by Gridiron Partners LLC

Gridiron Partners LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 49.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,444 shares of the company’s stock after purchasing an additional 13,396 shares during the period. Vanguard FTSE Developed Markets ETF makes up 1.5% of Gridiron Partners LLC’s portfolio, making the stock its 13th biggest position. Gridiron Partners LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,856,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in VEA. Envestnet Asset Management Inc. raised its stake in Vanguard FTSE Developed Markets ETF by 2.4% during the second quarter. Envestnet Asset Management Inc. now owns 88,111,242 shares of the company’s stock valued at $6,277,926,000 after buying an additional 2,039,805 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of Vanguard FTSE Developed Markets ETF by 4.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 66,823,471 shares of the company’s stock worth $4,761,172,000 after acquiring an additional 2,675,380 shares during the last quarter. Auto Owners Insurance Co grew its position in Vanguard FTSE Developed Markets ETF by 6,941.5% in the 4th quarter. Auto Owners Insurance Co now owns 73,636,513 shares of the company’s stock worth $4,600,073,000 after purchasing an additional 72,590,763 shares during the last quarter. Wells Fargo & Company MN increased its position in Vanguard FTSE Developed Markets ETF by 1.3% in the 4th quarter. Wells Fargo & Company MN now owns 64,314,341 shares of the company’s stock valued at $4,017,717,000 after acquiring an additional 848,196 shares during the period. Finally, Royal Bank of Canada increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 11.9% during the first quarter. Royal Bank of Canada now owns 47,313,421 shares of the company’s stock valued at $3,031,844,000 after purchasing an additional 5,041,973 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA traded down $0.63 during midday trading on Thursday, reaching $69.63. The stock had a trading volume of 5,223,288 shares, compared to its average volume of 14,141,135. The firm’s 50 day moving average price is $72.27 and its 200-day moving average price is $70.30. Vanguard FTSE Developed Markets ETF has a 52 week low of $58.88 and a 52 week high of $74.04. The company has a market capitalization of $228.31 billion, a P/E ratio of 16.34 and a beta of 0.84.

Vanguard FTSE Developed Markets ETF Company 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.