Simmons Bank Sells 8,142 Shares of Vanguard FTSE Developed Markets ETF $VEA

Simmons Bank lowered its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 396,410 shares of the company’s stock after selling 8,142 shares during the period. Vanguard FTSE Developed Markets ETF accounts for 1.7% of Simmons Bank’s investment portfolio, making the stock its 10th largest position. Simmons Bank’s holdings in Vanguard FTSE Developed Markets ETF were worth $24,764,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Betterment LLC raised its position in Vanguard FTSE Developed Markets ETF by 2.5% in the third quarter. Betterment LLC now owns 137,447,739 shares of the company’s stock valued at $8,235,869,000 after purchasing an additional 3,364,345 shares during the period. Wealthfront Advisers LLC raised its position 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 purchasing an additional 375,614 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in Vanguard FTSE Developed Markets ETF by 5.6% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 58,128,458 shares of the company’s stock valued at $3,483,057,000 after purchasing an additional 3,076,786 shares during the period. Jones Financial Companies Lllp raised its position in Vanguard FTSE Developed Markets ETF by 3.6% in the third quarter. Jones Financial Companies Lllp now owns 51,311,775 shares of the company’s stock valued at $3,049,419,000 after purchasing an additional 1,794,331 shares during the period. Finally, WealthNavi Inc. raised its position in Vanguard FTSE Developed Markets ETF by 1.5% in the fourth quarter. WealthNavi Inc. now owns 49,538,873 shares of the company’s stock valued at $3,094,693,000 after purchasing an additional 741,263 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Up 0.9%

NYSEARCA:VEA opened at $70.63 on Thursday. Vanguard FTSE Developed Markets ETF has a 52 week low of $53.76 and a 52 week high of $71.12. The company has a market capitalization of $226.53 billion, a P/E ratio of 16.34 and a beta of 0.83. The stock’s fifty day moving average is $66.61 and its two-hundred day moving average is $64.89.

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.