Vanguard FTSE Developed Markets ETF $VEA is MML Investors Services LLC’s 8th Largest Position

MML Investors Services LLC grew its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 11.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 8,346,613 shares of the company’s stock after acquiring an additional 833,909 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up approximately 1.3% of MML Investors Services LLC’s investment portfolio, making the stock its 8th biggest position. MML Investors Services LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $521,413,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Betterment LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 0.8% in the fourth quarter. Betterment LLC now owns 138,588,366 shares of the company’s stock valued at $8,657,615,000 after purchasing an additional 1,140,627 shares in the last quarter. Morgan Stanley grew its position in shares of Vanguard FTSE Developed Markets ETF by 44.0% in the fourth quarter. Morgan Stanley now owns 90,491,038 shares of the company’s stock valued at $5,652,975,000 after purchasing an additional 27,650,637 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in Vanguard FTSE Developed Markets ETF by 1.3% in the fourth quarter. Wells Fargo & Company MN now owns 64,314,341 shares of the company’s stock valued at $4,017,717,000 after acquiring an additional 848,196 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in Vanguard FTSE Developed Markets ETF by 6.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 61,886,335 shares of the company’s stock valued at $3,866,039,000 after acquiring an additional 3,757,877 shares during the last quarter. Finally, Wealthfront Advisers LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 0.6% in the fourth quarter. Wealthfront Advisers LLC now owns 58,685,582 shares of the company’s stock valued at $3,666,088,000 after acquiring an additional 375,614 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA opened at $71.55 on Monday. Vanguard FTSE Developed Markets ETF has a one year low of $54.63 and a one year high of $72.32. The stock has a market capitalization of $229.48 billion, a PE ratio of 16.34 and a beta of 0.83. The business’s 50 day moving average price is $69.33 and its 200 day moving average price is $66.42.

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.