Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) is Crestmont Private Wealth LLC’s 5th Largest Position

Crestmont Private Wealth LLC raised its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.4% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 245,430 shares of the company’s stock after acquiring an additional 3,382 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises approximately 5.4% of Crestmont Private Wealth LLC’s investment portfolio, making the stock its 5th largest holding. Crestmont Private Wealth LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $12,475,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its stake in 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 worth $8,387,299,000 after acquiring an additional 10,807,527 shares in the last quarter. Betterment LLC increased its stake in shares of 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 acquiring an additional 10,132,168 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of Vanguard FTSE Developed Markets ETF by 1.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 98,087,890 shares of the company’s stock worth $4,690,563,000 after acquiring an additional 1,599,089 shares during the period. Wells Fargo & Company MN grew its position in Vanguard FTSE Developed Markets ETF by 4.0% during the fourth quarter. Wells Fargo & Company MN now owns 65,258,786 shares of the company’s stock worth $3,120,675,000 after buying an additional 2,488,154 shares during the period. Finally, WealthNavi Inc. grew its position in 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 buying an additional 3,331,395 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA opened at $56.22 on Tuesday. The company has a market capitalization of $160.23 billion, a price-to-earnings ratio of 16.25 and a beta of 0.88. The company’s 50 day simple moving average is $52.16 and its 200 day simple moving average is $50.81. Vanguard FTSE Developed Markets ETF has a 1 year low of $45.14 and a 1 year high of $56.96.

Vanguard FTSE Developed Markets ETF Company 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.