Vanguard FTSE Developed Markets ETF $VEA Shares Sold by Axos Invest Inc.

Axos Invest Inc. reduced its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 8.3% in the 2nd quarter, Holdings Channel.com reports. The firm owned 487,292 shares of the company’s stock after selling 44,314 shares during the period. Vanguard FTSE Developed Markets ETF comprises about 21.0% of Axos Invest Inc.’s holdings, making the stock its 2nd largest position. Axos Invest Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $27,781,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Envestnet Asset Management Inc. boosted its stake in Vanguard FTSE Developed Markets ETF by 0.7% in the first quarter. Envestnet Asset Management Inc. now owns 98,747,918 shares of the company’s stock valued at $5,019,357,000 after acquiring an additional 660,028 shares in the last quarter. Wealthfront Advisers LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.0% in the 1st quarter. Wealthfront Advisers LLC now owns 60,371,395 shares of the company’s stock valued at $3,068,678,000 after purchasing an additional 1,778,345 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Vanguard FTSE Developed Markets ETF by 3.2% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 59,628,214 shares of the company’s stock valued at $3,030,902,000 after purchasing an additional 1,840,640 shares during the period. Northern Trust Corp grew its stake in Vanguard FTSE Developed Markets ETF by 3.5% during the 1st quarter. Northern Trust Corp now owns 42,599,905 shares of the company’s stock worth $2,165,353,000 after buying an additional 1,425,051 shares during the last quarter. Finally, Wealthspire Advisors LLC grew its stake in Vanguard FTSE Developed Markets ETF by 110.7% during the 1st quarter. Wealthspire Advisors LLC now owns 22,514,780 shares of the company’s stock worth $1,144,426,000 after buying an additional 11,830,891 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $60.65 on Wednesday. The firm’s fifty day simple moving average is $58.99 and its 200-day simple moving average is $55.81. Vanguard FTSE Developed Markets ETF has a 12 month low of $45.14 and a 12 month high of $61.32. The stock has a market capitalization of $178.27 billion, a price-to-earnings ratio of 16.34 and a beta of 0.89.

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.