Zhang Financial LLC grew its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA – Free Report) by 28.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 457,396 shares of the company’s stock after purchasing an additional 101,240 shares during the period. Vanguard FTSE Developed Markets ETF comprises about 1.0% of Zhang Financial LLC’s investment portfolio, making the stock its 27th biggest holding. Zhang Financial LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $32,589,000 at the end of the most recent quarter.
Several other hedge funds have also recently modified their holdings of the business. Bank of America Corp DE raised its position 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 buying an additional 4,289,361 shares during the last quarter. Betterment LLC boosted its holdings in shares of 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 acquiring an additional 1,140,627 shares during the last quarter. Morgan Stanley boosted its holdings in shares of 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 acquiring an additional 27,650,637 shares during the last quarter. Auto Owners Insurance Co boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 6,941.5% during the 4th quarter. Auto Owners Insurance Co now owns 73,636,513 shares of the company’s stock valued at $4,600,073,000 after acquiring an additional 72,590,763 shares during the last quarter. Finally, Wells Fargo & Company MN grew its stake in shares of 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 acquiring an additional 848,196 shares during the period.
Vanguard FTSE Developed Markets ETF Stock Up 0.1%
VEA opened at $73.69 on Tuesday. The firm has a 50 day moving average price of $71.14 and a 200-day moving average price of $69.01. Vanguard FTSE Developed Markets ETF has a twelve month low of $57.81 and a twelve month high of $74.04. The stock has a market capitalization of $238.75 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83.
Vanguard FTSE Developed Markets ETF Profile
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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