HighTower Advisors LLC Lowers Stake in Vanguard FTSE Developed Markets ETF $VEA

HighTower Advisors LLC decreased its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.5% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 11,632,063 shares of the company’s stock after selling 54,611 shares during the period. HighTower Advisors LLC owned 0.36% of Vanguard FTSE Developed Markets ETF worth $828,784,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in VEA. Bank of America Corp DE grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 2.1% during the fourth quarter. Bank of America Corp DE now owns 205,758,023 shares of the company’s stock valued at $12,853,704,000 after buying an additional 4,289,361 shares during the last quarter. Betterment LLC raised 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 worth $8,657,615,000 after acquiring an additional 1,140,627 shares during the last quarter. Morgan Stanley raised 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 worth $5,652,975,000 after acquiring an additional 27,650,637 shares during the last quarter. Auto Owners Insurance Co lifted its position in Vanguard FTSE Developed Markets ETF by 6,941.5% in the 4th quarter. Auto Owners Insurance Co now owns 73,636,513 shares of the company’s stock valued at $4,600,073,000 after acquiring an additional 72,590,763 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its position in Vanguard FTSE Developed Markets ETF by 4.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 66,823,471 shares of the company’s stock valued at $4,761,172,000 after acquiring an additional 2,675,380 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Vanguard FTSE Developed Markets ETF stock opened at $73.76 on Monday. Vanguard FTSE Developed Markets ETF has a one year low of $58.79 and a one year high of $74.04. The business’s fifty day moving average is $71.65 and its 200 day moving average is $69.56. The stock has a market capitalization of $238.98 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.