Vanguard FTSE Developed Markets ETF $VEA Stock: Robertson Stephens Wealth Management LLC Increases Stake

Robertson Stephens Wealth Management LLC increased its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 7.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,139,582 shares of the company’s stock after acquiring an additional 221,824 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises approximately 5.4% of Robertson Stephens Wealth Management LLC’s holdings, making the stock its 2nd biggest position. Robertson Stephens Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $221,686,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its holdings in Vanguard FTSE Developed Markets ETF by 2.4% during the second quarter. Envestnet Asset Management Inc. now owns 88,111,242 shares of the company’s stock valued at $6,277,926,000 after purchasing an additional 2,039,805 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Vanguard FTSE Developed Markets ETF by 4.2% in 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 period. Auto Owners Insurance Co boosted its position in shares of 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 worth $4,600,073,000 after purchasing an additional 72,590,763 shares during the period. Royal Bank of Canada boosted its position in shares of 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 worth $3,031,844,000 after purchasing an additional 5,041,973 shares during the period. Finally, Corient Private Wealth LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 13.7% in the fourth quarter. Corient Private Wealth LLC now owns 27,743,539 shares of the company’s stock worth $1,729,655,000 after purchasing an additional 3,343,036 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA VEA opened at $69.49 on Friday. The firm has a fifty day moving average price of $72.00 and a 200-day moving average price of $70.59. The stock has a market cap of $227.85 billion, a PE ratio of 16.34 and a beta of 0.84. Vanguard FTSE Developed Markets ETF has a 1 year low of $58.88 and a 1 year high of $74.04.

Vanguard FTSE Developed Markets ETF Company 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.