Miller Investment Management LP Increases Stake in Vanguard FTSE Developed Markets ETF $VEA

Miller Investment Management LP lifted its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 148.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 157,476 shares of the company’s stock after acquiring an additional 94,137 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for 1.0% of Miller Investment Management LP’s portfolio, making the stock its 22nd largest position. Miller Investment Management LP’s holdings in Vanguard FTSE Developed Markets ETF were worth $9,838,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in VEA. Betterment LLC raised its position in Vanguard FTSE Developed Markets ETF by 2.5% in the 3rd quarter. Betterment LLC now owns 137,447,739 shares of the company’s stock worth $8,235,869,000 after purchasing an additional 3,364,345 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in shares of Vanguard FTSE Developed Markets ETF by 6.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 61,886,335 shares of the company’s stock valued at $3,866,039,000 after buying an additional 3,757,877 shares during the period. Wealthfront Advisers LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 0.6% during the fourth quarter. Wealthfront Advisers LLC now owns 58,685,582 shares of the company’s stock valued at $3,666,088,000 after buying an additional 375,614 shares during the period. WealthNavi Inc. boosted its position in shares of Vanguard FTSE Developed Markets ETF by 1.5% during the fourth quarter. WealthNavi Inc. now owns 49,538,873 shares of the company’s stock valued at $3,094,693,000 after buying an additional 741,263 shares during the period. Finally, Northern Trust Corp grew its stake in shares of Vanguard FTSE Developed Markets ETF by 5.0% during the third quarter. Northern Trust Corp now owns 48,969,182 shares of the company’s stock valued at $2,934,233,000 after buying an additional 2,310,462 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA VEA opened at $68.81 on Thursday. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $54.63 and a fifty-two week high of $72.32. The company has a market cap of $220.69 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. The business’s 50 day moving average price is $69.05 and its 200-day moving average price is $66.25.

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.