Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Reaches New 1-Year High – What’s Next?

Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) shares reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $65.12 and last traded at $65.0550, with a volume of 773391 shares changing hands. The stock had previously closed at $64.87.

Vanguard FTSE Developed Markets ETF Price Performance

The firm has a market capitalization of $201.78 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87. The business’s 50-day moving average price is $62.29 and its 200 day moving average price is $60.15.

Institutional Trading of Vanguard FTSE Developed Markets ETF

Several large investors have recently modified their holdings of VEA. Bank of America Corp DE increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.0% in the 2nd quarter. Bank of America Corp DE now owns 194,545,244 shares of the company’s stock worth $11,091,024,000 after acquiring an additional 5,747,233 shares during the period. Betterment LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 2.5% in the third quarter. Betterment LLC now owns 137,447,739 shares of the company’s stock valued at $8,235,869,000 after purchasing an additional 3,364,345 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.0% during the second quarter. Envestnet Asset Management Inc. now owns 99,706,551 shares of the company’s stock valued at $5,684,072,000 after buying an additional 958,633 shares during the last quarter. Wealthfront Advisers LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 3.1% during the third quarter. Wealthfront Advisers LLC now owns 58,309,968 shares of the company’s stock worth $3,493,933,000 after buying an additional 1,755,210 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in Vanguard FTSE Developed Markets ETF by 5.6% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 58,128,458 shares of the company’s stock worth $3,483,057,000 after buying an additional 3,076,786 shares in the last quarter.

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.