Redwood Investment Management LLC Raises Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Redwood Investment Management LLC increased its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 93,263 shares of the company’s stock after purchasing an additional 4,331 shares during the quarter. Redwood Investment Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $4,460,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Brooklyn FI LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 6,702.3% during the 4th quarter. Brooklyn FI LLC now owns 35,997,541 shares of the company’s stock valued at $1,806,348,000 after buying an additional 35,468,345 shares during the last quarter. Raymond James Financial Inc. bought a new stake in Vanguard FTSE Developed Markets ETF in the 4th quarter valued at about $563,154,000. Bank of America Corp DE raised its stake in Vanguard FTSE Developed Markets ETF by 6.6% in 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 acquiring an additional 10,807,527 shares during the period. Strategic Financial Concepts LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 5,780.9% during the fourth quarter. Strategic Financial Concepts LLC now owns 10,808,939 shares of the company’s stock valued at $516,883,000 after purchasing an additional 10,625,142 shares during the last quarter. Finally, Betterment LLC boosted its position 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 purchasing an additional 10,132,168 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Down 0.4%

VEA opened at $53.81 on Thursday. The firm has a 50-day moving average price of $51.36 and a 200-day moving average price of $50.35. Vanguard FTSE Developed Markets ETF has a twelve month low of $45.14 and a twelve month high of $54.23. The company has a market capitalization of $153.36 billion, a price-to-earnings ratio of 16.25 and a beta of 0.88.

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.