91,486 Shares in Vanguard FTSE Developed Markets ETF $VEA Acquired by Blue Water Asset Management

Blue Water Asset Management purchased a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 3rd quarter, HoldingsChannel.com reports. The fund purchased 91,486 shares of the company’s stock, valued at approximately $6,460,000. Vanguard FTSE Developed Markets ETF comprises 2.1% of Blue Water Asset Management’s holdings, making the stock its 11th biggest position.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Envestnet Asset Management Inc. grew its stake in shares of Vanguard FTSE Developed Markets ETF by 2.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 88,111,242 shares of the company’s stock valued at $6,277,926,000 after buying an additional 2,039,805 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 4.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 66,823,471 shares of the company’s stock worth $4,761,172,000 after buying an additional 2,675,380 shares during the last quarter. WealthNavi Inc. raised its position in shares of Vanguard FTSE Developed Markets ETF by 1.9% during the 3rd quarter. WealthNavi Inc. now owns 50,415,584 shares of the company’s stock valued at $3,559,844,000 after buying an additional 932,045 shares during the period. Royal Bank of Canada raised its position in shares of Vanguard FTSE Developed Markets ETF by 11.9% during the 1st quarter. Royal Bank of Canada now owns 47,313,421 shares of the company’s stock valued at $3,031,844,000 after buying an additional 5,041,973 shares during the period. Finally, Baird Financial Group Inc. raised its position in shares of Vanguard FTSE Developed Markets ETF by 4.5% during the 2nd quarter. Baird Financial Group Inc. now owns 22,461,369 shares of the company’s stock valued at $1,600,373,000 after buying an additional 977,255 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $69.36 on Wednesday. The firm has a market capitalization of $228.99 billion, a price-to-earnings ratio of 16.34 and a beta of 0.85. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $58.88 and a fifty-two week high of $74.04. The stock has a 50 day moving average of $70.76 and a 200 day moving average of $69.61.

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.