Betterment LLC Raises Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Betterment LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 8.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 137,485,176 shares of the company’s stock after purchasing an additional 10,132,168 shares during the period. Vanguard FTSE Developed Markets ETF comprises approximately 15.7% of Betterment LLC’s portfolio, making the stock its 2nd biggest holding. Betterment LLC owned 0.05% of Vanguard FTSE Developed Markets ETF worth $6,574,541,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. UP Strategic Wealth Investment Advisors LLC raised its stake in Vanguard FTSE Developed Markets ETF by 39.7% during the 4th quarter. UP Strategic Wealth Investment Advisors LLC now owns 336,096 shares of the company’s stock valued at $16,072,000 after purchasing an additional 95,531 shares during the period. Sanctuary Advisors LLC raised its position in Vanguard FTSE Developed Markets ETF by 2.6% during the fourth quarter. Sanctuary Advisors LLC now owns 606,210 shares of the company’s stock valued at $30,565,000 after buying an additional 15,300 shares during the period. Advance Capital Management Inc. lifted its stake in Vanguard FTSE Developed Markets ETF by 14.3% in the 4th quarter. Advance Capital Management Inc. now owns 13,711 shares of the company’s stock worth $656,000 after acquiring an additional 1,711 shares in the last quarter. Kozak & Associates Inc. boosted its position in Vanguard FTSE Developed Markets ETF by 268.0% during the 4th quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock worth $27,000 after acquiring an additional 410 shares during the period. Finally, First County Bank CT grew its stake in Vanguard FTSE Developed Markets ETF by 18.0% during the 4th quarter. First County Bank CT now owns 13,089 shares of the company’s stock valued at $626,000 after acquiring an additional 1,993 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA VEA opened at $52.43 on Friday. The firm has a market capitalization of $148.90 billion, a price-to-earnings ratio of 15.69 and a beta of 0.86. The company has a 50 day simple moving average of $50.88 and a 200-day simple moving average of $50.15. Vanguard FTSE Developed Markets ETF has a 52-week low of $45.14 and a 52-week high of $53.40.

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.