Employees Retirement System of Texas Cuts Stake in Vanguard FTSE Developed Markets ETF $VEA

Employees Retirement System of Texas lessened its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 73.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,798,331 shares of the company’s stock after selling 4,889,500 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises 0.9% of Employees Retirement System of Texas’ portfolio, making the stock its 23rd biggest holding. Employees Retirement System of Texas’ holdings in Vanguard FTSE Developed Markets ETF were worth $112,342,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Betterment LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 2.5% during the 3rd quarter. Betterment LLC now owns 137,447,739 shares of the company’s stock valued at $8,235,869,000 after buying an additional 3,364,345 shares in the last quarter. 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 worth $3,666,088,000 after acquiring an additional 375,614 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Vanguard FTSE Developed Markets ETF by 5.6% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 58,128,458 shares of the company’s stock worth $3,483,057,000 after acquiring an additional 3,076,786 shares during the last quarter. Jones Financial Companies Lllp grew its stake in Vanguard FTSE Developed Markets ETF by 3.6% during the third quarter. Jones Financial Companies Lllp now owns 51,311,775 shares of the company’s stock valued at $3,049,419,000 after acquiring an additional 1,794,331 shares in the last quarter. Finally, WealthNavi Inc. grew its stake in 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 acquiring an additional 741,263 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA VEA opened at $71.78 on Wednesday. The company has a market cap of $230.22 billion, a P/E ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 52-week low of $54.63 and a 52-week high of $71.88. The firm’s fifty day moving average is $67.42 and its two-hundred day moving average is $65.46.

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.