Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) is Level Wealth Management LLC’s 3rd Largest Position

Level Wealth Management LLC grew its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 13.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 379,203 shares of the company’s stock after acquiring an additional 44,341 shares during the period. Vanguard FTSE Developed Markets ETF comprises approximately 12.6% of Level Wealth Management LLC’s portfolio, making the stock its 3rd largest position. Level Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $19,275,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Bank of America Corp DE increased its stake in shares of Vanguard FTSE Developed Markets ETF by 6.6% during the fourth quarter. Bank of America Corp DE now owns 175,393,114 shares of the company’s stock worth $8,387,299,000 after buying an additional 10,807,527 shares during the period. Betterment LLC grew its holdings 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 worth $6,574,541,000 after acquiring an additional 10,132,168 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in Vanguard FTSE Developed Markets ETF by 1.7% during the 4th 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 in the last quarter. Wells Fargo & Company MN increased its position in shares of Vanguard FTSE Developed Markets ETF by 4.0% in the 4th quarter. Wells Fargo & Company MN now owns 65,258,786 shares of the company’s stock valued at $3,120,675,000 after purchasing an additional 2,488,154 shares during the last quarter. Finally, WealthNavi Inc. raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.7% in the 1st quarter. WealthNavi Inc. now owns 49,789,539 shares of the company’s stock valued at $2,530,802,000 after purchasing an additional 362,543 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.3%

Vanguard FTSE Developed Markets ETF stock opened at $57.15 on Thursday. The company has a fifty day simple moving average of $55.08 and a 200-day simple moving average of $51.75. The stock has a market cap of $164.19 billion, a P/E ratio of 16.34 and a beta of 0.89. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $57.42.

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.