Vanguard FTSE Developed Markets ETF $VEA Stock Purchased by Foundation Wealth Management LLC PA

Foundation Wealth Management LLC PA grew its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 20.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 223,843 shares of the company’s stock after purchasing an additional 37,364 shares during the period. Vanguard FTSE Developed Markets ETF comprises approximately 5.3% of Foundation Wealth Management LLC PA’s investment portfolio, making the stock its 5th largest position. Foundation Wealth Management LLC PA’s holdings in Vanguard FTSE Developed Markets ETF were worth $15,806,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Envestnet Asset Management Inc. increased its position in Vanguard FTSE Developed Markets ETF by 2.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 88,111,242 shares of the company’s stock worth $6,277,926,000 after purchasing an additional 2,039,805 shares in the last quarter. Auto Owners Insurance Co lifted its stake 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 purchasing an additional 72,590,763 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in Vanguard FTSE Developed Markets ETF by 4.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 66,823,471 shares of the company’s stock valued at $4,761,172,000 after buying an additional 2,675,380 shares in the last quarter. Royal Bank of Canada boosted its position in Vanguard FTSE Developed Markets ETF by 11.9% in the first quarter. Royal Bank of Canada now owns 47,313,421 shares of the company’s stock valued at $3,031,844,000 after buying an additional 5,041,973 shares in the last quarter. Finally, Corient Private Wealth LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 42.8% during the fourth quarter. Corient Private Wealth LLC now owns 34,849,543 shares of the company’s stock worth $2,177,051,000 after buying an additional 10,449,040 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA VEA opened at $70.06 on Wednesday. The firm’s fifty day moving average price is $72.18 and its two-hundred day moving average price is $70.49. The stock has a market cap of $229.71 billion, a PE ratio of 16.34 and a beta of 0.84. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $58.88 and a fifty-two week high of $74.04.

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.