Vanguard FTSE Developed Markets ETF $VEA Stock: Keybank National Association OH Trims Holdings

Keybank National Association OH reduced its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 10.8% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 5,520,184 shares of the company’s stock after selling 668,801 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises about 1.3% of Keybank National Association OH’s portfolio, making the stock its 16th largest holding. Keybank National Association OH’s holdings in Vanguard FTSE Developed Markets ETF were worth $389,780,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Royal Bank of Canada grew its stake in shares of Vanguard FTSE Developed Markets ETF by 11.9% during the first quarter. Royal Bank of Canada now owns 47,313,421 shares of the company’s stock worth $3,031,844,000 after buying an additional 5,041,973 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 4.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 66,823,471 shares of the company’s stock worth $4,761,172,000 after buying an additional 2,675,380 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 2.4% during the second quarter. Envestnet Asset Management Inc. now owns 88,111,242 shares of the company’s stock worth $6,277,926,000 after buying an additional 2,039,805 shares in the last quarter. Facet Wealth Inc. lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 11.2% in the 2nd quarter. Facet Wealth Inc. now owns 15,511,173 shares of the company’s stock valued at $1,105,171,000 after acquiring an additional 1,558,357 shares during the last quarter. Finally, Baird Financial Group Inc. lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 4.5% in the 2nd quarter. Baird Financial Group Inc. now owns 22,461,369 shares of the company’s stock valued at $1,600,373,000 after acquiring an additional 977,255 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA opened at $69.36 on Wednesday. Vanguard FTSE Developed Markets ETF has a 52 week low of $58.88 and a 52 week high of $74.04. The stock has a market capitalization of $228.99 billion, a price-to-earnings ratio of 16.34 and a beta of 0.85. The stock has a fifty day moving average of $70.76 and a 200-day moving average of $69.61.

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.