Clark Capital Management Group Inc. Makes New Investment in Vanguard FTSE Developed Markets ETF $VEA

Clark Capital Management Group Inc. bought a new stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 4,891 shares of the company’s stock, valued at approximately $249,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Envestnet Asset Management Inc. grew its holdings in Vanguard FTSE Developed Markets ETF by 0.7% in the first quarter. Envestnet Asset Management Inc. now owns 98,747,918 shares of the company’s stock worth $5,019,357,000 after purchasing an additional 660,028 shares during the period. Wealthfront Advisers LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 3.0% in the 1st quarter. Wealthfront Advisers LLC now owns 60,371,395 shares of the company’s stock worth $3,068,678,000 after purchasing an additional 1,778,345 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Vanguard FTSE Developed Markets ETF by 3.2% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 59,628,214 shares of the company’s stock worth $3,030,902,000 after buying an additional 1,840,640 shares during the last quarter. WealthNavi Inc. increased its position in Vanguard FTSE Developed Markets ETF by 0.7% during the 1st quarter. WealthNavi Inc. now owns 49,789,539 shares of the company’s stock valued at $2,530,802,000 after buying an additional 362,543 shares in the last quarter. Finally, Northern Trust Corp raised its stake in Vanguard FTSE Developed Markets ETF by 3.5% during the first quarter. Northern Trust Corp now owns 42,599,905 shares of the company’s stock valued at $2,165,353,000 after buying an additional 1,425,051 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.5%

Vanguard FTSE Developed Markets ETF stock opened at $58.96 on Friday. Vanguard FTSE Developed Markets ETF has a 12 month low of $45.14 and a 12 month high of $59.67. The company has a market capitalization of $169.39 billion, a price-to-earnings ratio of 16.34 and a beta of 0.89. The business’s fifty day simple moving average is $57.74 and its two-hundred day simple moving average is $54.57.

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.