Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) is ETF Store Inc.’s 3rd Largest Position

ETF Store Inc. trimmed its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 29.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 83,199 shares of the company’s stock after selling 34,494 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up 4.9% of ETF Store Inc.’s investment portfolio, making the stock its 3rd largest position. ETF Store Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $3,979,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of VEA. Raymond James Financial Inc. acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter valued at $563,154,000. Strategic Financial Concepts LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 5,780.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 10,808,939 shares of the company’s stock valued at $516,883,000 after purchasing an additional 10,625,142 shares in the last quarter. US Bancorp DE raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 56.6% in the 4th quarter. US Bancorp DE now owns 23,812,753 shares of the company’s stock valued at $1,138,726,000 after purchasing an additional 8,608,172 shares in the last quarter. Life Planning Partners Inc raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 4,722.9% in the 4th quarter. Life Planning Partners Inc now owns 4,370,665 shares of the company’s stock valued at $209,005,000 after purchasing an additional 4,280,041 shares in the last quarter. Finally, WealthNavi Inc. raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 7.2% in the 4th quarter. WealthNavi Inc. now owns 49,426,996 shares of the company’s stock valued at $2,363,599,000 after purchasing an additional 3,331,395 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 0.8 %

Shares of VEA opened at $51.22 on Friday. Vanguard FTSE Developed Markets ETF has a twelve month low of $46.80 and a twelve month high of $53.40. The firm’s fifty day simple moving average is $50.22 and its 200-day simple moving average is $50.47. The firm has a market capitalization of $143.93 billion, a price-to-earnings ratio of 16.75 and a beta of 0.92.

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.