Vanguard FTSE Developed Markets ETF $VEA Position Raised by Navigate Wealth Management LLC

Navigate Wealth Management LLC grew its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 55.4% in the third quarter, HoldingsChannel reports. The fund owned 45,732 shares of the company’s stock after acquiring an additional 16,309 shares during the period. Vanguard FTSE Developed Markets ETF makes up 1.9% of Navigate Wealth Management LLC’s portfolio, making the stock its 15th largest position. Navigate Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $3,217,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in VEA. Envestnet Asset Management Inc. raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 2.4% in the second quarter. Envestnet Asset Management Inc. now owns 88,111,242 shares of the company’s stock valued at $6,277,926,000 after purchasing an additional 2,039,805 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Vanguard FTSE Developed Markets ETF by 4.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 66,823,471 shares of the company’s stock worth $4,761,172,000 after purchasing an additional 2,675,380 shares in the last quarter. Auto Owners Insurance Co boosted its holdings in Vanguard FTSE Developed Markets ETF by 6,941.5% during the fourth quarter. Auto Owners Insurance Co now owns 73,636,513 shares of the company’s stock worth $4,600,073,000 after purchasing an additional 72,590,763 shares during the last quarter. Royal Bank of Canada boosted its holdings in Vanguard FTSE Developed Markets ETF by 11.9% during the first quarter. Royal Bank of Canada now owns 47,313,421 shares of the company’s stock worth $3,031,844,000 after purchasing an additional 5,041,973 shares during the last quarter. Finally, Corient Private Wealth LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 42.8% during the fourth quarter. Corient Private Wealth LLC now owns 34,849,543 shares of the company’s stock worth $2,177,051,000 after purchasing an additional 10,449,040 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Vanguard FTSE Developed Markets ETF stock traded down $0.78 during mid-day trading on Wednesday, reaching $69.28. The company’s stock had a trading volume of 6,482,982 shares, compared to its average volume of 14,053,829. The company has a market capitalization of $227.15 billion, a price-to-earnings ratio of 16.34 and a beta of 0.84. Vanguard FTSE Developed Markets ETF has a 12 month low of $58.88 and a 12 month high of $74.04. The business’s 50 day simple moving average is $72.18 and its 200 day simple moving average is $70.49.

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.