Vanguard FTSE Developed Markets ETF $VEA Stake Increased by Summit Wealth Group LLC Co.

Summit Wealth Group LLC Co. grew its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA – Free Report) by 30.7% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 92,457 shares of the company’s stock after acquiring an additional 21,709 shares during the quarter. Summit Wealth Group LLC Co.’s holdings in Vanguard FTSE Developed Markets ETF were worth $6,528,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Envestnet Asset Management Inc. grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 2.4% in the second quarter. Envestnet Asset Management Inc. now owns 88,111,242 shares of the company’s stock valued at $6,277,926,000 after purchasing an additional 2,039,805 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in Vanguard FTSE Developed Markets ETF by 4.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 66,823,471 shares of the company’s stock worth $4,761,172,000 after purchasing an additional 2,675,380 shares during the last quarter. WealthNavi Inc. increased its position in Vanguard FTSE Developed Markets ETF by 1.9% during the third quarter. WealthNavi Inc. now owns 50,415,584 shares of the company’s stock worth $3,559,844,000 after purchasing an additional 932,045 shares during the last quarter. Royal Bank of Canada raised its stake in 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 worth $3,031,844,000 after purchasing an additional 5,041,973 shares during the period. Finally, Baird Financial Group Inc. boosted its holdings in Vanguard FTSE Developed Markets ETF by 4.5% in the 2nd quarter. Baird Financial Group Inc. now owns 22,461,369 shares of the company’s stock valued at $1,600,373,000 after purchasing an additional 977,255 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Vanguard FTSE Developed Markets ETF stock opened at $69.61 on Tuesday. The firm has a 50 day simple moving average of $71.24 and a 200-day simple moving average of $69.48. Vanguard FTSE Developed Markets ETF has a 1-year low of $58.88 and a 1-year high of $74.04. The stock has a market cap of $228.24 billion, a price-to-earnings ratio of 16.34 and a beta of 0.84.

Vanguard FTSE Developed Markets ETF Profile

(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.

Featured Stories

Want to see what other hedge funds are holding VEA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA – Free Report).

Institutional Ownership by Quarter for Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Receive News & Ratings for Vanguard FTSE Developed Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard FTSE Developed Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.