Tectonic Advisors LLC boosted its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA – Free Report) by 8.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 773,024 shares of the company’s stock after purchasing an additional 59,256 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up 2.5% of Tectonic Advisors LLC’s portfolio, making the stock its 7th biggest holding. Tectonic Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $48,291,000 as of its most recent SEC filing.
Several other institutional investors have also recently added to or reduced their stakes in VEA. Betterment LLC grew its position in Vanguard FTSE Developed Markets ETF by 2.5% during the third quarter. Betterment LLC now owns 137,447,739 shares of the company’s stock valued at $8,235,869,000 after acquiring an additional 3,364,345 shares during the period. Wealthfront Advisers LLC grew its position in 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 valued at $3,493,933,000 after acquiring an additional 1,755,210 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in Vanguard FTSE Developed Markets ETF by 5.6% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 58,128,458 shares of the company’s stock valued at $3,483,057,000 after acquiring an additional 3,076,786 shares during the period. Jones Financial Companies Lllp grew its position in Vanguard FTSE Developed Markets ETF by 3.6% during the third quarter. Jones Financial Companies Lllp now owns 51,311,775 shares of the company’s stock valued at $3,049,419,000 after acquiring an additional 1,794,331 shares during the period. Finally, WealthNavi Inc. grew its position in Vanguard FTSE Developed Markets ETF by 1.5% during the fourth quarter. WealthNavi Inc. now owns 49,538,873 shares of the company’s stock valued at $3,094,693,000 after acquiring an additional 741,263 shares during the period.
Vanguard FTSE Developed Markets ETF Stock Performance
VEA stock opened at $67.74 on Monday. The stock has a 50-day moving average price of $66.42 and a two-hundred day moving average price of $63.61. Vanguard FTSE Developed Markets ETF has a 12-month low of $48.32 and a 12-month high of $70.55. The company has a market cap of $217.26 billion, a PE ratio of 16.34 and a beta of 0.83.
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.
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