Vanguard FTSE Developed Markets ETF $VEA Shares Acquired by Drive Wealth Management LLC

Drive Wealth Management LLC grew its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 364,665 shares of the company’s stock after acquiring an additional 9,965 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for approximately 4.6% of Drive Wealth Management LLC’s holdings, making the stock its 2nd largest holding. Drive Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $20,790,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Envestnet Asset Management Inc. boosted its holdings in Vanguard FTSE Developed Markets ETF by 0.7% in the first quarter. Envestnet Asset Management Inc. now owns 98,747,918 shares of the company’s stock worth $5,019,357,000 after acquiring an additional 660,028 shares in the last quarter. Wealthfront Advisers LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 3.0% in the first quarter. Wealthfront Advisers LLC now owns 60,371,395 shares of the company’s stock worth $3,068,678,000 after acquiring an additional 1,778,345 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in Vanguard FTSE Developed Markets ETF by 3.2% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 59,628,214 shares of the company’s stock worth $3,030,902,000 after acquiring an additional 1,840,640 shares in the last quarter. Northern Trust Corp boosted its holdings in Vanguard FTSE Developed Markets ETF by 3.5% in the first quarter. Northern Trust Corp now owns 42,599,905 shares of the company’s stock worth $2,165,353,000 after acquiring an additional 1,425,051 shares in the last quarter. Finally, Wealthspire Advisors LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 110.7% in the first quarter. Wealthspire Advisors LLC now owns 22,514,780 shares of the company’s stock worth $1,144,426,000 after acquiring an additional 11,830,891 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.1%

Shares of NYSEARCA:VEA opened at $60.71 on Monday. Vanguard FTSE Developed Markets ETF has a 52-week low of $45.14 and a 52-week high of $61.32. The stock has a market cap of $180.89 billion, a price-to-earnings ratio of 16.34 and a beta of 0.89. The business has a 50-day moving average price of $59.51 and a 200-day moving average price of $56.34.

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.