Cullen Frost Bankers Inc. Sells 12,056 Shares of Vanguard FTSE Developed Markets ETF $VEA

Cullen Frost Bankers Inc. lessened its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 35.6% during the 2nd quarter, Holdings Channel.com reports. The firm owned 21,774 shares of the company’s stock after selling 12,056 shares during the period. Cullen Frost Bankers Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,241,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the business. Envestnet Asset Management Inc. lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 0.7% in the 1st 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 lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 3.0% in 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 period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of 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 worth $3,030,902,000 after purchasing an additional 1,840,640 shares during the period. Northern Trust Corp lifted its stake in shares of 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 purchasing an additional 1,425,051 shares during the period. Finally, Wealthspire Advisors LLC lifted its stake 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 worth $1,144,426,000 after purchasing an additional 11,830,891 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Up 0.5%

NYSEARCA VEA opened at $61.02 on Friday. Vanguard FTSE Developed Markets ETF has a 12 month low of $45.14 and a 12 month high of $61.32. The stock has a market cap of $181.81 billion, a price-to-earnings ratio of 16.34 and a beta of 0.89. The company’s 50 day moving average is $59.72 and its two-hundred day moving average is $56.60.

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.