Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) is Financial Advisory Corp’s 5th Largest Position

Financial Advisory Corp lessened its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 8.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 859,049 shares of the company’s stock after selling 84,265 shares during the period. Vanguard FTSE Developed Markets ETF comprises about 7.2% of Financial Advisory Corp’s portfolio, making the stock its 5th largest holding. Financial Advisory Corp’s holdings in Vanguard FTSE Developed Markets ETF were worth $43,665,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Bank of America Corp DE increased its stake in shares of Vanguard FTSE Developed Markets ETF by 6.6% in the 4th 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 in the last quarter. Betterment LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 8.0% in the 4th 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 in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Vanguard FTSE Developed Markets ETF by 1.7% in the 4th 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 in the last quarter. Wells Fargo & Company MN increased its stake in shares of Vanguard FTSE Developed Markets ETF by 4.0% in the 4th 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 in the last quarter. Finally, WealthNavi Inc. increased its stake in shares of Vanguard FTSE Developed Markets ETF by 0.7% in the 1st quarter. WealthNavi Inc. now owns 49,789,539 shares of the company’s stock valued at $2,530,802,000 after purchasing an additional 362,543 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.3%

NYSEARCA:VEA opened at $56.28 on Friday. Vanguard FTSE Developed Markets ETF has a 12 month low of $45.14 and a 12 month high of $56.37. The stock has a 50 day moving average of $52.55 and a two-hundred day moving average of $50.99. The firm has a market cap of $160.40 billion, a P/E ratio of 16.52 and a beta of 0.87.

About Vanguard FTSE Developed Markets ETF

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.