Legacy Wealth Advisors LLC Boosts Holdings in Vanguard FTSE Developed Markets ETF $VEA

Legacy Wealth Advisors LLC increased its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 103.2% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 37,590 shares of the company’s stock after acquiring an additional 19,091 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for 1.2% of Legacy Wealth Advisors LLC’s portfolio, making the stock its 15th largest position. Legacy Wealth Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,409,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Bank of America Corp DE raised its position in Vanguard FTSE Developed Markets ETF by 2.1% in the fourth quarter. Bank of America Corp DE now owns 205,758,023 shares of the company’s stock worth $12,853,704,000 after acquiring an additional 4,289,361 shares during the period. Betterment LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 0.8% during the 4th quarter. Betterment LLC now owns 138,588,366 shares of the company’s stock worth $8,657,615,000 after acquiring an additional 1,140,627 shares during the last quarter. Morgan Stanley grew its position in shares of Vanguard FTSE Developed Markets ETF by 44.0% during the 4th quarter. Morgan Stanley now owns 90,491,038 shares of the company’s stock valued at $5,652,975,000 after acquiring an additional 27,650,637 shares during the period. Auto Owners Insurance Co grew its position in shares of Vanguard FTSE Developed Markets ETF by 6,941.5% during the 4th quarter. Auto Owners Insurance Co now owns 73,636,513 shares of the company’s stock valued at $4,600,073,000 after acquiring an additional 72,590,763 shares during the period. Finally, Wells Fargo & Company MN increased its stake in shares of Vanguard FTSE Developed Markets ETF by 1.3% in the 4th quarter. Wells Fargo & Company MN now owns 64,314,341 shares of the company’s stock worth $4,017,717,000 after purchasing an additional 848,196 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $69.70 on Friday. Vanguard FTSE Developed Markets ETF has a one year low of $55.68 and a one year high of $73.23. The stock’s fifty day moving average is $70.84 and its 200 day moving average is $67.95. The stock has a market cap of $225.82 billion, a P/E ratio of 16.34 and a beta of 0.83.

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.