Alliance Wealth Advisors LLC Boosts Holdings in Vanguard FTSE Developed Markets ETF $VEA

Alliance Wealth Advisors LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 11.5% in the second quarter, Holdings Channel reports. The institutional investor owned 7,999 shares of the company’s stock after acquiring an additional 823 shares during the quarter. Alliance Wealth Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $456,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its stake in Vanguard FTSE Developed Markets ETF by 0.7% during the first quarter. Envestnet Asset Management Inc. now owns 98,747,918 shares of the company’s stock worth $5,019,357,000 after acquiring an additional 660,028 shares during the last quarter. Wealthfront Advisers LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 3.0% during the 1st quarter. Wealthfront Advisers LLC now owns 60,371,395 shares of the company’s stock worth $3,068,678,000 after purchasing an additional 1,778,345 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Vanguard FTSE Developed Markets ETF by 3.2% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 59,628,214 shares of the company’s stock valued at $3,030,902,000 after buying an additional 1,840,640 shares during the period. WealthNavi Inc. lifted its position in Vanguard FTSE Developed Markets ETF by 0.7% in the first quarter. WealthNavi Inc. now owns 49,789,539 shares of the company’s stock valued at $2,530,802,000 after buying an additional 362,543 shares during the last quarter. Finally, Northern Trust Corp boosted its stake in Vanguard FTSE Developed Markets ETF by 3.5% during the first quarter. Northern Trust Corp now owns 42,599,905 shares of the company’s stock worth $2,165,353,000 after buying an additional 1,425,051 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA stock opened at $59.71 on Tuesday. The firm’s 50 day moving average price is $58.64 and its 200-day moving average price is $55.50. Vanguard FTSE Developed Markets ETF has a one year low of $45.14 and a one year high of $60.51. The firm has a market cap of $171.55 billion, a P/E ratio of 16.34 and a beta of 0.89.

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.