New York Life Investment Management LLC Increases Position in Vanguard FTSE Developed Markets ETF $VEA

New York Life Investment Management LLC increased its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 14.6% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,265,937 shares of the company’s stock after acquiring an additional 161,275 shares during the period. Vanguard FTSE Developed Markets ETF comprises approximately 0.7% of New York Life Investment Management LLC’s portfolio, making the stock its 26th largest position. New York Life Investment Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $79,083,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Betterment LLC grew its position in Vanguard FTSE Developed Markets ETF by 2.5% in the third quarter. Betterment LLC now owns 137,447,739 shares of the company’s stock worth $8,235,869,000 after acquiring an additional 3,364,345 shares in the last quarter. Wealthfront Advisers LLC grew its position in Vanguard FTSE Developed Markets ETF by 0.6% in the fourth quarter. Wealthfront Advisers LLC now owns 58,685,582 shares of the company’s stock worth $3,666,088,000 after acquiring an additional 375,614 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Vanguard FTSE Developed Markets ETF by 5.6% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 58,128,458 shares of the company’s stock worth $3,483,057,000 after acquiring an additional 3,076,786 shares in the last quarter. Jones Financial Companies Lllp grew its position in Vanguard FTSE Developed Markets ETF by 3.6% in the third quarter. Jones Financial Companies Lllp now owns 51,311,775 shares of the company’s stock worth $3,049,419,000 after acquiring an additional 1,794,331 shares in the last quarter. Finally, WealthNavi Inc. grew its position in Vanguard FTSE Developed Markets ETF by 1.5% in the fourth quarter. WealthNavi Inc. now owns 49,538,873 shares of the company’s stock worth $3,094,693,000 after acquiring an additional 741,263 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA:VEA opened at $70.56 on Friday. The firm has a market capitalization of $226.30 billion, a PE ratio of 16.34 and a beta of 0.83. The firm has a fifty day moving average of $66.68 and a 200 day moving average of $64.95. Vanguard FTSE Developed Markets ETF has a 52-week low of $54.04 and a 52-week high of $71.12.

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.