Vanguard FTSE Developed Markets ETF $VEA Shares Sold by Luminvest Wealth Management LLC

Luminvest Wealth Management LLC lessened its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 38.4% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 44,520 shares of the company’s stock after selling 27,803 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises 0.8% of Luminvest Wealth Management LLC’s portfolio, making the stock its 14th largest holding. Luminvest Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $3,144,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in VEA. Envestnet Asset Management Inc. lifted its stake in Vanguard FTSE Developed Markets ETF by 2.4% in the second quarter. Envestnet Asset Management Inc. now owns 88,111,242 shares of the company’s stock worth $6,277,926,000 after acquiring an additional 2,039,805 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Vanguard FTSE Developed Markets ETF by 4.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 66,823,471 shares of the company’s stock worth $4,761,172,000 after purchasing an additional 2,675,380 shares during the last quarter. Auto Owners Insurance Co increased its stake in Vanguard FTSE Developed Markets ETF by 6,941.5% in the fourth quarter. Auto Owners Insurance Co now owns 73,636,513 shares of the company’s stock valued at $4,600,073,000 after purchasing an additional 72,590,763 shares during the last quarter. Royal Bank of Canada increased its stake in Vanguard FTSE Developed Markets ETF by 11.9% in the first quarter. Royal Bank of Canada now owns 47,313,421 shares of the company’s stock valued at $3,031,844,000 after purchasing an additional 5,041,973 shares during the last quarter. Finally, Corient Private Wealth LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 42.8% during the fourth quarter. Corient Private Wealth LLC now owns 34,849,543 shares of the company’s stock worth $2,177,051,000 after purchasing an additional 10,449,040 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA opened at $69.30 on Thursday. The business’s 50-day simple moving average is $72.12 and its 200-day simple moving average is $70.54. Vanguard FTSE Developed Markets ETF has a one year low of $58.88 and a one year high of $74.04. The stock has a market capitalization of $227.22 billion, a P/E ratio of 16.34 and a beta of 0.84.

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.