Marin Bay Wealth Advisors LLC Purchases Shares of 45,116 Vanguard FTSE Developed Markets ETF $VEA

Marin Bay Wealth Advisors LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 45,116 shares of the company’s stock, valued at approximately $2,891,000. Vanguard FTSE Developed Markets ETF comprises about 0.9% of Marin Bay Wealth Advisors LLC’s portfolio, making the stock its 18th largest holding.

Several other large investors have also modified their holdings of VEA. Bank of America Corp DE boosted its position in shares of Vanguard FTSE Developed Markets ETF by 2.1% in the 4th quarter. Bank of America Corp DE now owns 205,758,023 shares of the company’s stock valued at $12,853,704,000 after purchasing an additional 4,289,361 shares during the period. Betterment LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 0.8% during the 4th quarter. Betterment LLC now owns 138,588,366 shares of the company’s stock worth $8,657,615,000 after buying an additional 1,140,627 shares during the period. Morgan Stanley raised its holdings in Vanguard FTSE Developed Markets ETF by 44.0% during the 4th quarter. Morgan Stanley now owns 90,491,038 shares of the company’s stock worth $5,652,975,000 after buying an additional 27,650,637 shares during the period. Auto Owners Insurance Co raised its holdings in Vanguard FTSE Developed Markets ETF by 6,941.5% during the 4th quarter. Auto Owners Insurance Co now owns 73,636,513 shares of the company’s stock worth $4,600,073,000 after buying an additional 72,590,763 shares during the period. Finally, Wells Fargo & Company MN lifted its stake in Vanguard FTSE Developed Markets ETF by 1.3% during the fourth quarter. Wells Fargo & Company MN now owns 64,314,341 shares of the company’s stock valued at $4,017,717,000 after buying an additional 848,196 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA opened at $70.47 on Wednesday. Vanguard FTSE Developed Markets ETF has a one year low of $55.68 and a one year high of $73.23. The company has a 50-day moving average of $70.82 and a two-hundred day moving average of $68.09. The stock has a market cap of $228.32 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83.

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.