Northwestern Mutual Wealth Management Co. Acquires 3,757,877 Shares of Vanguard FTSE Developed Markets ETF $VEA

Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 6.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 61,886,335 shares of the company’s stock after acquiring an additional 3,757,877 shares during the period. Vanguard FTSE Developed Markets ETF accounts for approximately 2.4% of Northwestern Mutual Wealth Management Co.’s investment portfolio, making the stock its 10th biggest holding. Northwestern Mutual Wealth Management Co. owned approximately 2.00% of Vanguard FTSE Developed Markets ETF worth $3,866,039,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Corient Private Wealth LLC raised its stake in Vanguard FTSE Developed Markets ETF by 122.9% during the 2nd quarter. Corient Private Wealth LLC now owns 41,168,047 shares of the company’s stock worth $2,201,917,000 after acquiring an additional 22,700,179 shares in the last quarter. Moneta Group Investment Advisors LLC raised its stake in Vanguard FTSE Developed Markets ETF by 904.9% during the 3rd quarter. Moneta Group Investment Advisors LLC now owns 10,887,168 shares of the company’s stock worth $652,359,000 after acquiring an additional 9,803,737 shares in the last quarter. Jasper Ridge Partners L.P. raised its stake in Vanguard FTSE Developed Markets ETF by 35.6% during the 3rd quarter. Jasper Ridge Partners L.P. now owns 20,757,883 shares of the company’s stock worth $1,243,812,000 after acquiring an additional 5,451,849 shares in the last quarter. Cambridge Associates LLC MA ADV raised its stake in Vanguard FTSE Developed Markets ETF by 152.5% during the 3rd quarter. Cambridge Associates LLC MA ADV now owns 8,489,920 shares of the company’s stock worth $508,716,000 after acquiring an additional 5,127,412 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV raised its stake in Vanguard FTSE Developed Markets ETF by 16.8% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 33,413,896 shares of the company’s stock worth $2,002,157,000 after acquiring an additional 4,798,488 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA:VEA opened at $71.66 on Friday. The company’s fifty day moving average price is $67.67 and its 200 day moving average price is $65.62. Vanguard FTSE Developed Markets ETF has a 12 month low of $54.63 and a 12 month high of $71.88. The firm has a market capitalization of $229.83 billion, a P/E ratio of 16.34 and a beta of 0.83.

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.