Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA – Get Free Report) saw a significant decrease in short interest in July. As of July 31st, there was short interest totaling 5,369,005 shares, a decrease of 63.0% from the July 15th total of 14,505,245 shares. Based on an average trading volume of 9,645,988 shares, the short-interest ratio is presently 0.6 days. Approximately 0.2% of the company’s shares are short sold.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the stock. Bank of America Corp DE raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 2.1% during the 4th quarter. Bank of America Corp DE now owns 205,758,023 shares of the company’s stock valued at $12,853,704,000 after buying an additional 4,289,361 shares during the period. Betterment LLC grew its position in Vanguard FTSE Developed Markets ETF by 0.8% in the fourth quarter. Betterment LLC now owns 138,588,366 shares of the company’s stock valued at $8,657,615,000 after acquiring an additional 1,140,627 shares in the last quarter. Morgan Stanley grew its position in Vanguard FTSE Developed Markets ETF by 44.0% in the fourth quarter. Morgan Stanley now owns 90,491,038 shares of the company’s stock valued at $5,652,975,000 after acquiring an additional 27,650,637 shares in the last quarter. Auto Owners Insurance Co raised its stake in shares of Vanguard FTSE Developed Markets ETF by 6,941.5% during the fourth quarter. Auto Owners Insurance Co now owns 73,636,513 shares of the company’s stock valued at $4,600,073,000 after purchasing an additional 72,590,763 shares during the period. Finally, Wells Fargo & Company MN raised its stake in shares of Vanguard FTSE Developed Markets ETF by 1.3% during the fourth quarter. Wells Fargo & Company MN now owns 64,314,341 shares of the company’s stock valued at $4,017,717,000 after purchasing an additional 848,196 shares during the period.
Vanguard FTSE Developed Markets ETF Stock Up 0.3%
Shares of VEA stock traded up $0.20 during mid-day trading on Friday, reaching $73.74. The company’s stock had a trading volume of 1,412,976 shares, compared to its average volume of 15,256,921. The firm has a market capitalization of $238.91 billion, a PE ratio of 16.34 and a beta of 0.83. The company’s 50 day simple moving average is $70.98 and its 200-day simple moving average is $68.92. Vanguard FTSE Developed Markets ETF has a 12-month low of $57.81 and a 12-month high of $73.89.
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.
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