IFG Advisors LLC Raises Stake in Vanguard FTSE Developed Markets ETF $VEA

IFG Advisors LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.3% in the second quarter, Holdings Channel reports. The institutional investor owned 217,065 shares of the company’s stock after buying an additional 546 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises about 2.1% of IFG Advisors LLC’s portfolio, making the stock its 13th biggest position. IFG Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $12,375,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Envestnet Asset Management Inc. increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.7% in the first quarter. Envestnet Asset Management Inc. now owns 98,747,918 shares of the company’s stock worth $5,019,357,000 after purchasing an additional 660,028 shares during the period. Wealthfront Advisers LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 3.0% during the first quarter. Wealthfront Advisers LLC now owns 60,371,395 shares of the company’s stock valued at $3,068,678,000 after buying an additional 1,778,345 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in Vanguard FTSE Developed Markets ETF by 3.2% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 59,628,214 shares of the company’s stock worth $3,030,902,000 after buying an additional 1,840,640 shares in the last quarter. Northern Trust Corp increased its stake in Vanguard FTSE Developed Markets ETF by 3.5% in the 1st quarter. Northern Trust Corp now owns 42,599,905 shares of the company’s stock worth $2,165,353,000 after acquiring an additional 1,425,051 shares during the last quarter. Finally, Wealthspire Advisors LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 110.7% in the 1st quarter. Wealthspire Advisors LLC now owns 22,514,780 shares of the company’s stock valued at $1,144,426,000 after acquiring an additional 11,830,891 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.3%

Shares of VEA opened at $59.98 on Wednesday. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $61.32. The company has a market cap of $178.71 billion, a PE ratio of 16.34 and a beta of 0.89. The stock has a 50-day moving average price of $59.34 and a 200-day moving average price of $56.10.

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.