Moors & Cabot Inc. Increases Position in Vanguard FTSE Developed Markets ETF $VEA

Moors & Cabot Inc. grew its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 13.7% in the second quarter, Holdings Channel.com reports. The institutional investor owned 52,242 shares of the company’s stock after acquiring an additional 6,314 shares during the quarter. Moors & Cabot Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,978,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Envestnet Asset Management Inc. raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.0% in the second quarter. Envestnet Asset Management Inc. now owns 99,706,551 shares of the company’s stock valued at $5,684,072,000 after buying an additional 958,633 shares during the last quarter. Wealthfront Advisers LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.0% in the first quarter. Wealthfront Advisers LLC now owns 60,371,395 shares of the company’s stock valued at $3,068,678,000 after buying an additional 1,778,345 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.2% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 59,628,214 shares of the company’s stock valued at $3,030,902,000 after buying an additional 1,840,640 shares during the last quarter. Northern Trust Corp raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.5% in 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. Finally, Wealthspire Advisors LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 110.7% during the first quarter. Wealthspire Advisors LLC now owns 22,514,780 shares of the company’s stock worth $1,144,426,000 after purchasing an additional 11,830,891 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.6%

NYSEARCA VEA opened at $60.70 on Thursday. The stock has a market capitalization of $180.86 billion, a P/E ratio of 16.34 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a 52-week low of $45.14 and a 52-week high of $61.80. The firm has a 50-day moving average price of $60.12 and a 200 day moving average price of $57.47.

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.