Generations Wealth LLC Buys New Stake in Vanguard FTSE Developed Markets ETF $VEA

Generations Wealth LLC bought a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the 4th quarter, Holdings Channel.com reports. The fund bought 32,604 shares of the company’s stock, valued at approximately $2,037,000. Vanguard FTSE Developed Markets ETF accounts for about 2.1% of Generations Wealth LLC’s investment portfolio, making the stock its 10th largest position.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Betterment LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 0.8% in the 4th quarter. Betterment LLC now owns 138,588,366 shares of the company’s stock valued at $8,657,615,000 after purchasing an additional 1,140,627 shares during the last quarter. Morgan Stanley increased its holdings in Vanguard FTSE Developed Markets ETF by 44.0% in the 4th quarter. Morgan Stanley now owns 90,491,038 shares of the company’s stock valued at $5,652,975,000 after purchasing an additional 27,650,637 shares during the last quarter. Wells Fargo & Company MN increased its holdings in Vanguard FTSE Developed Markets ETF by 1.3% in the 4th quarter. Wells Fargo & Company MN now owns 64,314,341 shares of the company’s stock valued at $4,017,717,000 after purchasing an additional 848,196 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in Vanguard FTSE Developed Markets ETF by 6.5% in 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 purchasing an additional 3,757,877 shares during the last quarter. Finally, Wealthfront Advisers LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 0.6% in the 4th quarter. Wealthfront Advisers LLC now owns 58,685,582 shares of the company’s stock valued at $3,666,088,000 after purchasing an additional 375,614 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Vanguard FTSE Developed Markets ETF stock opened at $71.55 on Friday. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $54.63 and a fifty-two week high of $72.32. The firm has a 50 day moving average price of $69.33 and a 200 day moving average price of $66.37. The company has a market capitalization of $229.48 billion, a PE ratio of 16.34 and a beta of 0.83.

Vanguard FTSE Developed Markets ETF Company 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.