Luminvest Wealth Management LLC Grows Stake in Vanguard FTSE Developed Markets ETF $VEA

Luminvest Wealth Management LLC lifted its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 11.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 75,005 shares of the company’s stock after purchasing an additional 7,808 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises approximately 1.3% of Luminvest Wealth Management LLC’s portfolio, making the stock its 13th largest holding. Luminvest Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $4,807,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in VEA. Bank of America Corp DE grew its position in Vanguard FTSE Developed Markets ETF by 2.1% during the fourth quarter. Bank of America Corp DE now owns 205,758,023 shares of the company’s stock worth $12,853,704,000 after buying an additional 4,289,361 shares in the last quarter. Betterment LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 0.8% during the 4th quarter. Betterment LLC now owns 138,588,366 shares of the company’s stock valued at $8,657,615,000 after acquiring an additional 1,140,627 shares during the last quarter. Morgan Stanley grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 44.0% during the fourth quarter. Morgan Stanley now owns 90,491,038 shares of the company’s stock worth $5,652,975,000 after purchasing an additional 27,650,637 shares in the last quarter. Auto Owners Insurance Co increased its position 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 worth $4,600,073,000 after purchasing an additional 72,590,763 shares during the last quarter. Finally, Wells Fargo & Company MN increased its position 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 worth $4,017,717,000 after purchasing an additional 848,196 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Vanguard FTSE Developed Markets ETF stock traded up $0.26 during mid-day trading on Friday, hitting $70.99. 12,686,380 shares of the company traded hands, compared to its average volume of 16,395,793. Vanguard FTSE Developed Markets ETF has a one year low of $55.68 and a one year high of $73.23. The stock has a market cap of $230.00 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. The stock has a fifty day moving average price of $70.80 and a 200-day moving average price of $67.69.

About Vanguard FTSE Developed Markets ETF

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.