Freedom Investment Management Inc. Increases Stock Position in Vanguard FTSE Developed Markets ETF $VEA

Freedom Investment Management Inc. raised its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 15.9% during the 2nd quarter, Holdings Channel reports. The firm owned 51,901 shares of the company’s stock after purchasing an additional 7,120 shares during the quarter. Freedom Investment Management Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,959,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Envestnet Asset Management Inc. lifted its holdings in shares of 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 valued at $5,019,357,000 after purchasing an additional 660,028 shares in the last quarter. Wealthfront Advisers LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 3.0% during the first quarter. Wealthfront Advisers LLC now owns 60,371,395 shares of the company’s stock valued at $3,068,678,000 after buying an additional 1,778,345 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 3.2% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 59,628,214 shares of the company’s stock valued at $3,030,902,000 after buying an additional 1,840,640 shares during the period. Northern Trust Corp lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 3.5% during the first quarter. Northern Trust Corp now owns 42,599,905 shares of the company’s stock valued at $2,165,353,000 after buying an additional 1,425,051 shares during the period. Finally, Wealthspire Advisors LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 110.7% during the first quarter. Wealthspire Advisors LLC now owns 22,514,780 shares of the company’s stock valued at $1,144,426,000 after buying an additional 11,830,891 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA opened at $60.71 on Thursday. The company has a market capitalization of $180.89 billion, a price-to-earnings ratio of 16.34 and a beta of 0.89. The company’s 50 day simple moving average is $59.67 and its 200 day simple moving average is $56.50. Vanguard FTSE Developed Markets ETF has a 1 year low of $45.14 and a 1 year high of $61.32.

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.