M3 Wealth Management LLC Acquires Shares of 67,326 Vanguard FTSE Developed Markets ETF $VEA

M3 Wealth Management LLC acquired a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 67,326 shares of the company’s stock, valued at approximately $4,206,000. Vanguard FTSE Developed Markets ETF makes up about 3.3% of M3 Wealth Management LLC’s portfolio, making the stock its 6th largest position.

Several other large investors also recently bought and sold shares of the stock. Betterment LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 2.5% in the third quarter. Betterment LLC now owns 137,447,739 shares of the company’s stock valued at $8,235,869,000 after acquiring an additional 3,364,345 shares in the last quarter. Wealthfront Advisers LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 0.6% in the fourth quarter. Wealthfront Advisers LLC now owns 58,685,582 shares of the company’s stock valued at $3,666,088,000 after acquiring an additional 375,614 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Vanguard FTSE Developed Markets ETF by 5.6% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 58,128,458 shares of the company’s stock valued at $3,483,057,000 after acquiring an additional 3,076,786 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in Vanguard FTSE Developed Markets ETF by 3.6% in 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. boosted its stake in Vanguard FTSE Developed Markets ETF by 1.5% in 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 Price Performance

NYSEARCA VEA opened at $71.78 on Wednesday. Vanguard FTSE Developed Markets ETF has a 1 year low of $54.63 and a 1 year high of $71.88. The company has a market capitalization of $230.22 billion, a PE ratio of 16.34 and a beta of 0.83. The company has a fifty day moving average of $67.42 and a two-hundred day moving average of $65.46.

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.