Prosperity Advisers LLC Buys 18,760 Shares of Vanguard FTSE Developed Markets ETF $VEA

Prosperity Advisers LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 536,893 shares of the company’s stock after purchasing an additional 18,760 shares during the period. Vanguard FTSE Developed Markets ETF makes up 26.3% of Prosperity Advisers LLC’s investment portfolio, making the stock its biggest holding. Prosperity Advisers LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $37,910,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Envestnet Asset Management Inc. increased its position in 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 in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in 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 period. WealthNavi Inc. raised its stake in 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 worth $3,559,844,000 after buying an additional 932,045 shares during the period. Royal Bank of Canada raised its stake in 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 worth $3,031,844,000 after buying an additional 5,041,973 shares during the period. Finally, Baird Financial Group Inc. raised its stake in 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 worth $1,600,373,000 after buying an additional 977,255 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA:VEA opened at $70.47 on Friday. The business’s 50 day simple moving average is $71.39 and its two-hundred day simple moving average is $69.43. The firm has a market cap of $231.06 billion, a P/E ratio of 16.34 and a beta of 0.84. Vanguard FTSE Developed Markets ETF has a 52-week low of $58.88 and a 52-week high of $74.04.

Vanguard FTSE Developed Markets ETF 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.