Vanguard FTSE Developed Markets ETF $VEA Shares Purchased by Rainier Family Wealth Inc.

Rainier Family Wealth Inc. lifted its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 76.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,391 shares of the company’s stock after acquiring an additional 11,829 shares during the period. Vanguard FTSE Developed Markets ETF makes up 1.2% of Rainier Family Wealth Inc.’s portfolio, making the stock its 29th biggest position. Rainier Family Wealth Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,755,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. 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 valued at $12,853,704,000 after purchasing an additional 4,289,361 shares during the period. Betterment LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 0.8% in the fourth quarter. Betterment LLC now owns 138,588,366 shares of the company’s stock worth $8,657,615,000 after buying an additional 1,140,627 shares during the period. Morgan Stanley boosted its position in shares of 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 worth $5,652,975,000 after buying an additional 27,650,637 shares during the period. Auto Owners Insurance Co grew its stake in shares of Vanguard FTSE Developed Markets ETF by 6,941.5% in the fourth 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 in the last quarter. Finally, Wells Fargo & Company MN grew its stake in shares of Vanguard FTSE Developed Markets ETF by 1.3% in the fourth quarter. Wells Fargo & Company MN now owns 64,314,341 shares of the company’s stock valued at $4,017,717,000 after buying an additional 848,196 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA:VEA opened at $72.39 on Tuesday. The business’s 50-day simple moving average is $70.10 and its 200 day simple moving average is $66.88. The company has a market cap of $232.17 billion, a P/E ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a one year low of $54.63 and a one year high of $73.23.

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.