Short Interest in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Grows By 74.1%

Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 22,431,830 shares, a growth of 74.1% from the November 30th total of 12,884,397 shares. Based on an average daily volume of 15,015,217 shares, the days-to-cover ratio is currently 1.5 days. Currently, 0.8% of the company’s stock are short sold. Currently, 0.8% of the company’s stock are short sold. Based on an average daily volume of 15,015,217 shares, the days-to-cover ratio is currently 1.5 days.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA:VEA traded up $0.13 during midday trading on Friday, reaching $62.81. 12,048,452 shares of the company’s stock traded hands, compared to its average volume of 13,044,408. Vanguard FTSE Developed Markets ETF has a one year low of $45.14 and a one year high of $63.08. The company has a market cap of $187.15 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87. The stock has a 50 day moving average of $61.42 and a 200 day moving average of $59.36.

Institutional Investors Weigh In On Vanguard FTSE Developed Markets ETF

A number of large investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE boosted its position in shares of Vanguard FTSE Developed Markets ETF by 3.0% in the second quarter. Bank of America Corp DE now owns 194,545,244 shares of the company’s stock worth $11,091,024,000 after purchasing an additional 5,747,233 shares during the period. Betterment LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 2.5% during the 3rd quarter. Betterment LLC now owns 137,447,739 shares of the company’s stock valued at $8,235,869,000 after buying an additional 3,364,345 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in Vanguard FTSE Developed Markets ETF by 1.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 99,706,551 shares of the company’s stock worth $5,684,072,000 after buying an additional 958,633 shares during the period. Wealthfront Advisers LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 3.1% in the 3rd quarter. Wealthfront Advisers LLC now owns 58,309,968 shares of the company’s stock worth $3,493,933,000 after buying an additional 1,755,210 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its stake in Vanguard FTSE Developed Markets ETF by 5.6% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 58,128,458 shares of the company’s stock worth $3,483,057,000 after buying an additional 3,076,786 shares in the last quarter.

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.