TCV Trust & Wealth Management Inc. Has $851,000 Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

TCV Trust & Wealth Management Inc. reduced its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 23.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,736 shares of the company’s stock after selling 5,238 shares during the period. TCV Trust & Wealth Management Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $851,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of VEA. Brooklyn FI LLC boosted its position in Vanguard FTSE Developed Markets ETF by 6,702.3% during the fourth quarter. Brooklyn FI LLC now owns 35,997,541 shares of the company’s stock valued at $1,806,348,000 after purchasing an additional 35,468,345 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Vanguard FTSE Developed Markets ETF during the fourth quarter valued at approximately $563,154,000. Bank of America Corp DE boosted its position in Vanguard FTSE Developed Markets ETF by 6.6% during the fourth quarter. Bank of America Corp DE now owns 175,393,114 shares of the company’s stock valued at $8,387,299,000 after purchasing an additional 10,807,527 shares during the last quarter. Betterment LLC boosted its position in Vanguard FTSE Developed Markets ETF by 8.0% during the fourth quarter. Betterment LLC now owns 137,485,176 shares of the company’s stock valued at $6,574,541,000 after purchasing an additional 10,132,168 shares during the last quarter. Finally, US Bancorp DE boosted its position in Vanguard FTSE Developed Markets ETF by 56.6% during the fourth quarter. US Bancorp DE now owns 23,812,753 shares of the company’s stock valued at $1,138,726,000 after purchasing an additional 8,608,172 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.6%

VEA opened at $56.83 on Friday. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $57.05. The stock has a market cap of $163.27 billion, a price-to-earnings ratio of 16.34 and a beta of 0.89. The business has a 50 day moving average of $54.73 and a 200-day moving average of $51.61.

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.