Focus Partners Wealth Raises Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Focus Partners Wealth boosted its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 51.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,056,320 shares of the company’s stock after acquiring an additional 1,371,353 shares during the period. Focus Partners Wealth’s holdings in Vanguard FTSE Developed Markets ETF were worth $196,970,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of VEA. Bank of America Corp DE lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 6.6% during the 4th quarter. Bank of America Corp DE now owns 175,393,114 shares of the company’s stock valued at $8,387,299,000 after purchasing an additional 10,807,527 shares during the last quarter. Betterment LLC increased its position in Vanguard FTSE Developed Markets ETF by 8.0% during the 4th quarter. Betterment LLC now owns 137,485,176 shares of the company’s stock valued at $6,574,541,000 after buying an additional 10,132,168 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in Vanguard FTSE Developed Markets ETF by 1.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 98,087,890 shares of the company’s stock valued at $4,690,563,000 after buying an additional 1,599,089 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in Vanguard FTSE Developed Markets ETF by 4.0% in the fourth quarter. Wells Fargo & Company MN now owns 65,258,786 shares of the company’s stock worth $3,120,675,000 after acquiring an additional 2,488,154 shares in the last quarter. Finally, WealthNavi Inc. grew its stake in shares of Vanguard FTSE Developed Markets ETF by 7.2% during the fourth quarter. WealthNavi Inc. now owns 49,426,996 shares of the company’s stock worth $2,363,599,000 after acquiring an additional 3,331,395 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.7 %

VEA opened at $53.68 on Friday. The firm’s 50-day moving average price is $51.27 and its 200-day moving average price is $50.28. The company has a market cap of $152.45 billion, a P/E ratio of 15.69 and a beta of 0.86. Vanguard FTSE Developed Markets ETF has a 52-week low of $45.14 and a 52-week high of $53.86.

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.