Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Short Interest Update

Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 5,369,005 shares, a drop of 63.0% from the July 15th total of 14,505,245 shares. Based on an average daily volume of 9,645,988 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.2% of the shares of the company are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Bank of America Corp DE lifted its holdings in shares of 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 worth $12,853,704,000 after buying an additional 4,289,361 shares in the last quarter. Betterment LLC grew its stake in Vanguard FTSE Developed Markets ETF by 0.8% during the fourth 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 in the last quarter. Morgan Stanley increased its holdings in Vanguard FTSE Developed Markets ETF by 44.0% in the 4th quarter. Morgan Stanley now owns 90,491,038 shares of the company’s stock valued at $5,652,975,000 after acquiring an additional 27,650,637 shares during the last quarter. Auto Owners Insurance Co increased its holdings in Vanguard FTSE Developed Markets ETF by 6,941.5% in the 4th quarter. Auto Owners Insurance Co now owns 73,636,513 shares of the company’s stock valued at $4,600,073,000 after acquiring an additional 72,590,763 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its stake in Vanguard FTSE Developed Markets ETF by 1.3% in the 4th 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 in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA:VEA traded up $0.04 during trading on Friday, hitting $73.58. 5,084,571 shares of the company’s stock were exchanged, compared to its average volume of 15,285,364. Vanguard FTSE Developed Markets ETF has a 52-week low of $57.81 and a 52-week high of $73.89. The business’s 50-day simple moving average is $71.06 and its 200 day simple moving average is $68.95. The company has a market cap of $238.39 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83.

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.