Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Sees Large Growth in Short Interest

Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA – Get Free Report) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 15,037,622 shares, a growth of 368.6% from the September 30th total of 3,208,818 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average daily trading volume, of 10,788,712 shares, the short-interest ratio is currently 1.4 days.

Hedge Funds Weigh In On Vanguard FTSE Developed Markets ETF

A number of large investors have recently made changes to their positions in VEA. Royal Bank of Canada lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 11.9% during the first quarter. Royal Bank of Canada now owns 47,313,421 shares of the company’s stock valued at $3,031,844,000 after acquiring an additional 5,041,973 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake 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 purchasing an additional 2,675,380 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings 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 worth $6,277,926,000 after purchasing an additional 2,039,805 shares during the last quarter. Fifth Third Bancorp grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 59.8% in the 1st quarter. Fifth Third Bancorp now owns 5,103,764 shares of the company’s stock worth $327,049,000 after purchasing an additional 1,910,615 shares during the last quarter. Finally, Facet Wealth Inc. grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 11.2% in the 2nd quarter. Facet Wealth Inc. now owns 15,511,173 shares of the company’s stock worth $1,105,171,000 after purchasing an additional 1,558,357 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.2%

Shares of Vanguard FTSE Developed Markets ETF stock opened at $70.47 on Friday. The stock has a 50-day moving average price of $71.39 and a 200 day moving average price of $69.43. The company has a market cap of $231.06 billion, a P/E ratio of 16.34 and a beta of 0.84. Vanguard FTSE Developed Markets ETF has a 1 year low of $58.88 and a 1 year high of $74.04.

About Vanguard FTSE Developed Markets ETF

(Get Free Report)

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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