Vanguard FTSE Developed Markets ETF $VEA Shares Sold by SVB Wealth LLC

SVB Wealth LLC reduced its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 25.0% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 42,633 shares of the company’s stock after selling 14,191 shares during the quarter. SVB Wealth LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $3,010,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of VEA. Envestnet Asset Management Inc. lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 2.4% in the second quarter. Envestnet Asset Management Inc. now owns 88,111,242 shares of the company’s stock valued at $6,277,926,000 after buying an additional 2,039,805 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in Vanguard FTSE Developed Markets ETF by 4.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 66,823,471 shares of the company’s stock valued at $4,761,172,000 after buying an additional 2,675,380 shares in the last quarter. WealthNavi Inc. boosted its stake in Vanguard FTSE Developed Markets ETF by 1.9% during the third quarter. WealthNavi Inc. now owns 50,415,584 shares of the company’s stock valued at $3,559,844,000 after buying an additional 932,045 shares in the last quarter. Royal Bank of Canada boosted its stake in Vanguard FTSE Developed Markets ETF by 11.9% during the first quarter. Royal Bank of Canada now owns 47,313,421 shares of the company’s stock valued at $3,031,844,000 after buying an additional 5,041,973 shares in the last quarter. Finally, Baird Financial Group Inc. grew its holdings in Vanguard FTSE Developed Markets ETF by 4.5% during the second quarter. Baird Financial Group Inc. now owns 22,461,369 shares of the company’s stock worth $1,600,373,000 after acquiring an additional 977,255 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Down 0.7%

NYSEARCA:VEA opened at $69.43 on Friday. The business’s 50-day moving average price is $70.65 and its 200 day moving average price is $69.64. Vanguard FTSE Developed Markets ETF has a 52-week low of $58.88 and a 52-week high of $74.04. The firm has a market cap of $229.22 billion, a P/E ratio of 14.61 and a beta of 0.85.

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.