Prime Capital Investment Advisors LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA – Free Report) by 11.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 195,431 shares of the company’s stock after purchasing an additional 20,758 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $13,799,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in VEA. Envestnet Asset Management Inc. increased its stake in shares of Vanguard FTSE Developed Markets ETF by 2.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 88,111,242 shares of the company’s stock valued at $6,277,926,000 after acquiring an additional 2,039,805 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Vanguard FTSE Developed Markets ETF by 4.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 66,823,471 shares of the company’s stock valued at $4,761,172,000 after acquiring an additional 2,675,380 shares during the period. Royal Bank of Canada boosted its stake in Vanguard FTSE Developed Markets ETF by 11.9% during the 1st quarter. Royal Bank of Canada now owns 47,313,421 shares of the company’s stock worth $3,031,844,000 after acquiring an additional 5,041,973 shares during the last quarter. Baird Financial Group Inc. boosted its stake in Vanguard FTSE Developed Markets ETF by 4.5% during the 2nd quarter. Baird Financial Group Inc. now owns 22,461,369 shares of the company’s stock worth $1,600,373,000 after acquiring an additional 977,255 shares during the last quarter. Finally, Facet Wealth Inc. boosted its stake in Vanguard FTSE Developed Markets ETF by 11.2% during the 2nd quarter. Facet Wealth Inc. now owns 15,511,173 shares of the company’s stock worth $1,105,171,000 after acquiring an additional 1,558,357 shares during the last quarter.
Vanguard FTSE Developed Markets ETF Stock Up 0.7%
NYSEARCA VEA traded up $0.49 during trading on Tuesday, reaching $69.86. 4,872,261 shares of the stock traded hands, compared to its average volume of 13,945,733. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $58.88 and a fifty-two week high of $74.04. The firm has a market cap of $229.04 billion, a price-to-earnings ratio of 16.34 and a beta of 0.84. The stock’s 50-day moving average price is $71.94 and its 200 day moving average price is $70.68.
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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