Root Financial Partners LLC Increases Stake in Vanguard FTSE Developed Markets ETF $VEA

Root Financial Partners LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 27.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 97,303 shares of the company’s stock after purchasing an additional 20,769 shares during the period. Root Financial Partners LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $6,079,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Betterment LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 2.5% during the 3rd quarter. Betterment LLC now owns 137,447,739 shares of the company’s stock valued at $8,235,869,000 after acquiring an additional 3,364,345 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 6.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 61,886,335 shares of the company’s stock valued at $3,866,039,000 after acquiring an additional 3,757,877 shares during the last quarter. Wealthfront Advisers LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.6% during the 4th quarter. Wealthfront Advisers LLC now owns 58,685,582 shares of the company’s stock valued at $3,666,088,000 after acquiring an additional 375,614 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.6% during the 3rd quarter. Jones Financial Companies Lllp now owns 51,311,775 shares of the company’s stock valued at $3,049,419,000 after acquiring an additional 1,794,331 shares during the last quarter. Finally, WealthNavi Inc. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.5% during the 4th quarter. WealthNavi Inc. now owns 49,538,873 shares of the company’s stock valued at $3,094,693,000 after acquiring an additional 741,263 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.1%

Shares of NYSEARCA:VEA opened at $71.87 on Tuesday. The firm’s 50 day moving average price is $67.97 and its 200-day moving average price is $65.76. Vanguard FTSE Developed Markets ETF has a twelve month low of $54.63 and a twelve month high of $72.22. The stock has a market capitalization of $230.51 billion, a PE ratio of 16.34 and a beta of 0.83.

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.