Vanguard FTSE Developed Markets ETF $VEA Stock: Entrust Financial LLC Increases Stake

Entrust Financial LLC raised its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 10.2% in the third quarter, Holdings Channel reports. The firm owned 122,295 shares of the company’s stock after purchasing an additional 11,298 shares during the period. Vanguard FTSE Developed Markets ETF accounts for 4.2% of Entrust Financial LLC’s investment portfolio, making the stock its 6th largest holding. Entrust Financial LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $8,635,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Envestnet Asset Management Inc. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 2.4% in the 2nd 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 during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in 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 valued at $4,761,172,000 after buying an additional 2,675,380 shares during the period. WealthNavi Inc. grew its position in Vanguard FTSE Developed Markets ETF by 1.9% during the third quarter. WealthNavi Inc. now owns 50,415,584 shares of the company’s stock valued at $3,559,844,000 after buying an additional 932,045 shares during the period. Royal Bank of Canada increased its holdings in 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. Finally, Baird Financial Group Inc. increased its holdings in Vanguard FTSE Developed Markets ETF by 4.5% during the second quarter. Baird Financial Group Inc. now owns 22,461,369 shares of the company’s stock worth $1,600,373,000 after buying an additional 977,255 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA stock opened at $67.90 on Monday. The firm has a market cap of $224.17 billion, a price-to-earnings ratio of 16.34 and a beta of 0.85. Vanguard FTSE Developed Markets ETF has a 52 week low of $58.88 and a 52 week high of $74.04. The firm’s 50-day simple moving average is $70.89 and its two-hundred day simple moving average is $69.56.

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.