Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Shares Purchased by Smith Anglin Financial LLC

Smith Anglin Financial LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 27.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,669 shares of the company’s stock after buying an additional 4,648 shares during the period. Smith Anglin Financial LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,101,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Bank of America Corp DE raised its stake in shares of Vanguard FTSE Developed Markets ETF by 6.6% during the fourth quarter. Bank of America Corp DE now owns 175,393,114 shares of the company’s stock valued at $8,387,299,000 after purchasing an additional 10,807,527 shares during the period. Betterment LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 8.0% during the fourth quarter. Betterment LLC now owns 137,485,176 shares of the company’s stock valued at $6,574,541,000 after purchasing an additional 10,132,168 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of Vanguard FTSE Developed Markets ETF by 1.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 98,087,890 shares of the company’s stock valued at $4,690,563,000 after purchasing an additional 1,599,089 shares during the period. Wells Fargo & Company MN raised its stake in shares of Vanguard FTSE Developed Markets ETF by 4.0% during the fourth quarter. Wells Fargo & Company MN now owns 65,258,786 shares of the company’s stock valued at $3,120,675,000 after purchasing an additional 2,488,154 shares during the period. Finally, WealthNavi Inc. raised its stake in shares of Vanguard FTSE Developed Markets ETF by 7.2% during the fourth 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 during the period.

Vanguard FTSE Developed Markets ETF Stock Up 1.2%

VEA opened at $56.22 on Tuesday. The firm has a market capitalization of $160.23 billion, a P/E ratio of 16.25 and a beta of 0.88. The firm’s 50 day moving average is $52.16 and its 200-day moving average is $50.81. Vanguard FTSE Developed Markets ETF has a 52-week low of $45.14 and a 52-week high of $56.96.

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.