JNBA Financial Advisors Increases Stake in Vanguard FTSE Developed Markets ETF $VEA

JNBA Financial Advisors boosted its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.6% in the second quarter, Holdings Channel.com reports. The firm owned 535,325 shares of the company’s stock after acquiring an additional 13,409 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises about 1.9% of JNBA Financial Advisors’ portfolio, making the stock its 11th largest position. JNBA Financial Advisors’ holdings in Vanguard FTSE Developed Markets ETF were worth $38,142,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Auto Owners Insurance Co grew its stake 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 buying an additional 72,590,763 shares during the period. Morgan Stanley boosted its holdings in Vanguard FTSE Developed Markets ETF by 44.0% in the fourth 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 last quarter. Corient Private Wealth LLC grew its position in Vanguard FTSE Developed Markets ETF by 122.9% during the second quarter. Corient Private Wealth LLC now owns 41,168,047 shares of the company’s stock valued at $2,201,917,000 after acquiring an additional 22,700,179 shares during the period. Jasper Ridge Partners L.P. grew its position in Vanguard FTSE Developed Markets ETF by 35.6% during the third quarter. Jasper Ridge Partners L.P. now owns 20,757,883 shares of the company’s stock valued at $1,243,812,000 after acquiring an additional 5,451,849 shares during the period. Finally, Cambridge Associates LLC MA ADV grew its position in Vanguard FTSE Developed Markets ETF by 152.5% during the third quarter. Cambridge Associates LLC MA ADV now owns 8,489,920 shares of the company’s stock valued at $508,716,000 after acquiring an additional 5,127,412 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA:VEA opened at $73.06 on Monday. The business has a 50-day moving average of $71.45 and a two-hundred day moving average of $69.41. The firm has a market capitalization of $236.71 billion, a PE ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 12 month low of $57.81 and a 12 month 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.