Motive Wealth Advisors Buys 11,432 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Motive Wealth Advisors lifted its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.4% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 345,177 shares of the company’s stock after acquiring an additional 11,432 shares during the period. Vanguard FTSE Developed Markets ETF accounts for about 9.4% of Motive Wealth Advisors’ portfolio, making the stock its largest position. Motive Wealth Advisors’ holdings in Vanguard FTSE Developed Markets ETF were worth $17,545,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of VEA. Brooklyn FI LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 6,702.3% during the fourth quarter. Brooklyn FI LLC now owns 35,997,541 shares of the company’s stock worth $1,806,348,000 after buying an additional 35,468,345 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Vanguard FTSE Developed Markets ETF during the fourth quarter worth $563,154,000. Bank of America Corp DE raised its holdings in Vanguard FTSE Developed Markets ETF by 6.6% during the fourth quarter. Bank of America Corp DE now owns 175,393,114 shares of the company’s stock worth $8,387,299,000 after buying an additional 10,807,527 shares during the last quarter. Betterment LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 8.0% during the fourth quarter. Betterment LLC now owns 137,485,176 shares of the company’s stock worth $6,574,541,000 after buying an additional 10,132,168 shares during the last quarter. Finally, US Bancorp DE raised its holdings in Vanguard FTSE Developed Markets ETF by 56.6% during the fourth quarter. US Bancorp DE now owns 23,812,753 shares of the company’s stock worth $1,138,726,000 after buying an additional 8,608,172 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 1.2%

VEA opened at $56.17 on Friday. The company’s fifty day moving average price is $53.40 and its two-hundred day moving average price is $51.23. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.14 and a 1-year high of $56.90. The company has a market cap of $160.08 billion, a price-to-earnings ratio of 16.52 and a beta of 0.87.

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.