Steph & Co. Grows Position in Vanguard FTSE Developed Markets ETF $VEA

Steph & Co. boosted its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 56.8% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 104,145 shares of the company’s stock after acquiring an additional 37,706 shares during the period. Vanguard FTSE Developed Markets ETF makes up approximately 1.9% of Steph & Co.’s portfolio, making the stock its 13th largest position. Steph & Co.’s holdings in Vanguard FTSE Developed Markets ETF were worth $6,240,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Bank of America Corp DE increased its holdings in Vanguard FTSE Developed Markets ETF by 3.0% in the 2nd quarter. Bank of America Corp DE now owns 194,545,244 shares of the company’s stock worth $11,091,024,000 after acquiring an additional 5,747,233 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in Vanguard FTSE Developed Markets ETF by 1.0% during the second quarter. Envestnet Asset Management Inc. now owns 99,706,551 shares of the company’s stock valued at $5,684,072,000 after purchasing an additional 958,633 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of Vanguard FTSE Developed Markets ETF by 3.2% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 59,628,214 shares of the company’s stock valued at $3,030,902,000 after purchasing an additional 1,840,640 shares during the period. Corient Private Wealth LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 122.9% during the second quarter. Corient Private Wealth LLC now owns 41,168,047 shares of the company’s stock worth $2,201,917,000 after purchasing an additional 22,700,179 shares in the last quarter. Finally, Captrust Financial Advisors increased its stake in shares of Vanguard FTSE Developed Markets ETF by 20.9% during the second quarter. Captrust Financial Advisors now owns 24,996,434 shares of the company’s stock worth $1,425,044,000 after purchasing an additional 4,314,597 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 0.6%

NYSEARCA:VEA opened at $62.46 on Wednesday. The stock has a 50 day moving average of $61.07 and a two-hundred day moving average of $59.03. Vanguard FTSE Developed Markets ETF has a 12 month low of $45.14 and a 12 month high of $63.08. The firm has a market cap of $186.10 billion, a P/E ratio of 16.34 and a beta of 0.87.

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.