Cassady Wealth & Retirement Planning LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA – Free Report) by 14.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 109,654 shares of the company’s stock after buying an additional 13,641 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises about 3.7% of Cassady Wealth & Retirement Planning LLC’s investment portfolio, making the stock its 6th biggest holding. Cassady Wealth & Retirement Planning LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $7,544,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also added to or reduced their stakes in the stock. Bank of America Corp DE boosted its stake in Vanguard FTSE Developed Markets ETF by 2.1% in the 4th quarter. Bank of America Corp DE now owns 205,758,023 shares of the company’s stock worth $12,853,704,000 after purchasing an additional 4,289,361 shares in the last quarter. Betterment LLC increased its stake in Vanguard FTSE Developed Markets ETF by 0.8% during the 4th quarter. Betterment LLC now owns 138,588,366 shares of the company’s stock valued at $8,657,615,000 after purchasing an additional 1,140,627 shares in the last quarter. Morgan Stanley increased its stake in Vanguard FTSE Developed Markets ETF by 44.0% during the 4th quarter. Morgan Stanley now owns 90,491,038 shares of the company’s stock valued at $5,652,975,000 after purchasing an additional 27,650,637 shares in the last quarter. Auto Owners Insurance Co raised its holdings in Vanguard FTSE Developed Markets ETF by 6,941.5% in the fourth quarter. Auto Owners Insurance Co now owns 73,636,513 shares of the company’s stock worth $4,600,073,000 after buying an additional 72,590,763 shares during the last quarter. Finally, Wells Fargo & Company MN raised its holdings in Vanguard FTSE Developed Markets ETF by 1.3% in the fourth quarter. Wells Fargo & Company MN now owns 64,314,341 shares of the company’s stock worth $4,017,717,000 after buying an additional 848,196 shares during the last quarter.
Vanguard FTSE Developed Markets ETF Stock Performance
Shares of NYSEARCA VEA opened at $68.95 on Thursday. The firm’s 50 day moving average price is $70.81 and its 200-day moving average price is $68.35. Vanguard FTSE Developed Markets ETF has a 52-week low of $55.68 and a 52-week high of $73.23. The company has a market cap of $223.39 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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