Stillwater Private Wealth LLC Takes $1.85 Million Position in Vanguard FTSE Developed Markets ETF $VEA

Stillwater Private Wealth LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the first quarter, according to its most recent filing with the SEC. The fund acquired 28,863 shares of the company’s stock, valued at approximately $1,849,000. Vanguard FTSE Developed Markets ETF accounts for approximately 1.6% of Stillwater Private Wealth LLC’s investment portfolio, making the stock its 20th biggest holding.

A number of other institutional investors have also added to or reduced their stakes in VEA. Bank of America Corp DE grew its holdings in Vanguard FTSE Developed Markets ETF by 2.1% during the 4th quarter. Bank of America Corp DE now owns 205,758,023 shares of the company’s stock valued at $12,853,704,000 after buying an additional 4,289,361 shares in the last quarter. Betterment LLC increased its position in shares of 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 buying an additional 1,140,627 shares during the period. Morgan Stanley lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 44.0% in the fourth quarter. Morgan Stanley now owns 90,491,038 shares of the company’s stock worth $5,652,975,000 after buying an additional 27,650,637 shares in the last quarter. Auto Owners Insurance Co lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 6,941.5% in the fourth quarter. Auto Owners Insurance Co now owns 73,636,513 shares of the company’s stock worth $4,600,073,000 after buying an additional 72,590,763 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its position in shares of Vanguard FTSE Developed Markets ETF by 1.3% in the fourth quarter. Wells Fargo & Company MN now owns 64,314,341 shares of the company’s stock valued at $4,017,717,000 after acquiring an additional 848,196 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Down 0.7%

VEA stock opened at $70.62 on Friday. The firm has a 50 day moving average of $70.82 and a 200-day moving average of $68.41. The firm has a market capitalization of $228.80 billion, a P/E ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 12 month low of $55.68 and a 12 month high of $73.23.

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.