BIP Wealth LLC Boosts Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

BIP Wealth LLC lifted its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 8.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,454 shares of the company’s stock after purchasing an additional 1,200 shares during the period. BIP Wealth LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $740,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Creative Planning grew its position in shares of Vanguard FTSE Developed Markets ETF by 1.4% during the third quarter. Creative Planning now owns 124,132,310 shares of the company’s stock valued at $5,427,065,000 after purchasing an additional 1,726,718 shares in the last quarter. Betterment LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 2.6% in the 3rd quarter. Betterment LLC now owns 108,000,000 shares of the company’s stock valued at $4,735,356,000 after acquiring an additional 2,711,916 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.8% in the 3rd quarter. Jones Financial Companies Lllp now owns 76,186,378 shares of the company’s stock valued at $3,330,868,000 after acquiring an additional 1,341,616 shares during the last quarter. Morgan Stanley lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.7% in the 3rd quarter. Morgan Stanley now owns 54,759,270 shares of the company’s stock valued at $2,394,075,000 after acquiring an additional 1,930,476 shares during the last quarter. Finally, WealthNavi Inc. lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 2.5% in the 4th quarter. WealthNavi Inc. now owns 40,170,244 shares of the company’s stock valued at $1,924,155,000 after acquiring an additional 965,155 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 0.3 %

Shares of NYSEARCA:VEA traded down $0.14 during trading on Wednesday, reaching $48.73. The company’s stock had a trading volume of 7,247,318 shares, compared to its average volume of 11,638,218. The stock has a market capitalization of $127.67 billion, a PE ratio of 13.31 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 12 month low of $41.48 and a 12 month high of $50.36. The firm’s 50 day simple moving average is $49.20 and its two-hundred day simple moving average is $46.99.

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.