Truist Financial Corp Buys 420,627 Shares of Vanguard FTSE Developed Markets ETF $VEA

Truist Financial Corp grew its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 12.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,876,842 shares of the company’s stock after buying an additional 420,627 shares during the quarter. Truist Financial Corp’s holdings in Vanguard FTSE Developed Markets ETF were worth $242,186,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VEA. Brighton Jones LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 79.2% in the fourth quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock worth $11,650,000 after purchasing an additional 107,649 shares during the last quarter. Revolve Wealth Partners LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 47.3% during the 4th quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock worth $5,905,000 after purchasing an additional 39,653 shares during the last quarter. Capstone Wealth Management Group LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter worth approximately $209,000. Squarepoint Ops LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter worth approximately $7,001,000. Finally, Glenview Trust co lifted its position in shares of Vanguard FTSE Developed Markets ETF by 1.8% in the 2nd quarter. Glenview Trust co now owns 16,992 shares of the company’s stock worth $969,000 after purchasing an additional 297 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA VEA opened at $68.72 on Monday. The company has a market capitalization of $220.40 billion, a P/E ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 52-week low of $53.33 and a 52-week high of $70.55. The company’s 50 day moving average price is $66.53 and its 200-day moving average price is $64.42.

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.