Vanguard FTSE Developed Markets ETF $VEA is WealthNavi Inc.’s 2nd Largest Position

WealthNavi Inc. cut its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 48,247,711 shares of the company’s stock after selling 1,541,828 shares during the period. Vanguard FTSE Developed Markets ETF accounts for approximately 27.7% of WealthNavi Inc.’s portfolio, making the stock its 2nd largest holding. WealthNavi Inc. owned approximately 1.67% of Vanguard FTSE Developed Markets ETF worth $2,750,602,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of VEA. Arbor Wealth Advisors LLC raised its stake in Vanguard FTSE Developed Markets ETF by 0.4% in the first quarter. Arbor Wealth Advisors LLC now owns 47,883 shares of the company’s stock valued at $2,434,000 after purchasing an additional 200 shares in the last quarter. Nova R Wealth Inc. lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.4% during the 1st quarter. Nova R Wealth Inc. now owns 48,596 shares of the company’s stock worth $2,470,000 after acquiring an additional 201 shares during the last quarter. Elevation Wealth Partners LLC grew its position in Vanguard FTSE Developed Markets ETF by 0.4% in the first quarter. Elevation Wealth Partners LLC now owns 56,322 shares of the company’s stock worth $2,863,000 after acquiring an additional 206 shares in the last quarter. Key Client Fiduciary Advisors LLC raised its position in Vanguard FTSE Developed Markets ETF by 2.6% during the first quarter. Key Client Fiduciary Advisors LLC now owns 8,166 shares of the company’s stock valued at $415,000 after purchasing an additional 210 shares in the last quarter. Finally, Integrated Capital Management Inc. boosted its stake in Vanguard FTSE Developed Markets ETF by 0.9% in the first quarter. Integrated Capital Management Inc. now owns 24,093 shares of the company’s stock worth $1,225,000 after buying an additional 211 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA stock opened at $59.71 on Tuesday. Vanguard FTSE Developed Markets ETF has a one year low of $45.14 and a one year high of $60.51. The company has a market capitalization of $171.55 billion, a PE ratio of 16.34 and a beta of 0.89. The company’s 50 day moving average price is $58.64 and its two-hundred day moving average price is $55.50.

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.