Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Stake Trimmed by World Investment Advisors

World Investment Advisors lowered its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 393,551 shares of the company’s stock after selling 4,128 shares during the quarter. World Investment Advisors’ holdings in Vanguard FTSE Developed Markets ETF were worth $20,004,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. Bank of America Corp DE increased its stake in Vanguard FTSE Developed Markets ETF by 6.6% in the 4th quarter. Bank of America Corp DE now owns 175,393,114 shares of the company’s stock worth $8,387,299,000 after purchasing an additional 10,807,527 shares in the last quarter. Betterment LLC grew its stake in Vanguard FTSE Developed Markets ETF by 8.0% during the 4th quarter. Betterment LLC now owns 137,485,176 shares of the company’s stock valued at $6,574,541,000 after acquiring an additional 10,132,168 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in Vanguard FTSE Developed Markets ETF by 1.7% during the 4th quarter. Envestnet Asset Management Inc. now owns 98,087,890 shares of the company’s stock valued at $4,690,563,000 after acquiring an additional 1,599,089 shares in the last quarter. Wells Fargo & Company MN grew its stake in Vanguard FTSE Developed Markets ETF by 4.0% during the 4th quarter. Wells Fargo & Company MN now owns 65,258,786 shares of the company’s stock valued at $3,120,675,000 after acquiring an additional 2,488,154 shares in the last quarter. Finally, WealthNavi Inc. grew its stake 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 acquiring an additional 362,543 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA:VEA opened at $57.22 on Friday. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.14 and a fifty-two week high of $57.31. The stock’s 50-day moving average is $55.27 and its two-hundred day moving average is $51.85. The stock has a market cap of $164.40 billion, a PE ratio of 16.34 and a beta of 0.89.

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.