Vanguard FTSE Developed Markets ETF $VEA Shares Sold by Wealthfront Advisers LLC

Wealthfront Advisers LLC lowered its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 6.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 56,554,758 shares of the company’s stock after selling 3,816,637 shares during the period. Vanguard FTSE Developed Markets ETF makes up 8.3% of Wealthfront Advisers LLC’s portfolio, making the stock its 2nd biggest position. Wealthfront Advisers LLC owned about 1.96% of Vanguard FTSE Developed Markets ETF worth $3,224,187,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in VEA. Wealthspire Advisors LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 110.7% during the 1st quarter. Wealthspire Advisors LLC now owns 22,514,780 shares of the company’s stock valued at $1,144,426,000 after purchasing an additional 11,830,891 shares in the last quarter. TFO Wealth Partners LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter worth about $222,710,000. Wit LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 99,898.4% during the 1st quarter. Wit LLC now owns 4,020,934 shares of the company’s stock valued at $204,384,000 after buying an additional 4,016,913 shares during the last quarter. SCS Capital Management LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 48.0% during the 1st quarter. SCS Capital Management LLC now owns 10,411,294 shares of the company’s stock valued at $529,206,000 after buying an additional 3,377,989 shares during the last quarter. Finally, RWA Wealth Partners LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 20.6% during the 1st quarter. RWA Wealth Partners LLC now owns 13,542,589 shares of the company’s stock valued at $688,370,000 after buying an additional 2,313,204 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.3%

Shares of NYSEARCA:VEA opened at $61.22 on Friday. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.14 and a fifty-two week high of $61.32. The firm has a 50-day simple moving average of $59.76 and a 200 day simple moving average of $56.79. The company has a market cap of $182.41 billion, a PE ratio of 16.34 and a beta of 0.89.

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.