Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) is WealthNavi Inc.’s 2nd Largest Position

WealthNavi Inc. boosted its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 5.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 46,095,601 shares of the company’s stock after purchasing an additional 2,436,012 shares during the period. Vanguard FTSE Developed Markets ETF makes up about 27.9% of WealthNavi Inc.’s portfolio, making the stock its 2nd biggest position. WealthNavi Inc. owned approximately 1.76% of Vanguard FTSE Developed Markets ETF worth $2,434,309,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Transcendent Capital Group LLC grew its position in Vanguard FTSE Developed Markets ETF by 101.2% during the 2nd quarter. Transcendent Capital Group LLC now owns 509 shares of the company’s stock worth $25,000 after purchasing an additional 256 shares during the period. Triad Wealth Partners LLC purchased a new position in Vanguard FTSE Developed Markets ETF during the second quarter valued at approximately $31,000. Spectrum Wealth Counsel LLC purchased a new position in Vanguard FTSE Developed Markets ETF during the second quarter valued at approximately $33,000. Abich Financial Wealth Management LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 2,458.6% in the second quarter. Abich Financial Wealth Management LLC now owns 742 shares of the company’s stock valued at $37,000 after acquiring an additional 713 shares during the period. Finally, Fairscale Capital LLC purchased a new stake in Vanguard FTSE Developed Markets ETF in the 2nd quarter worth approximately $38,000.

Vanguard FTSE Developed Markets ETF Stock Up 0.2 %

Shares of NYSEARCA VEA traded up $0.09 during midday trading on Thursday, reaching $50.58. 4,742,211 shares of the stock were exchanged, compared to its average volume of 9,496,354. The firm has a 50-day simple moving average of $51.76 and a two-hundred day simple moving average of $50.51. Vanguard FTSE Developed Markets ETF has a twelve month low of $41.48 and a twelve month high of $53.40. The firm has a market cap of $132.52 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88.

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.