Proffitt & Goodson Inc. Has $57.57 Million Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Proffitt & Goodson Inc. grew its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,132,615 shares of the company’s stock after acquiring an additional 37,906 shares during the period. Vanguard FTSE Developed Markets ETF comprises about 9.5% of Proffitt & Goodson Inc.’s investment portfolio, making the stock its biggest position. Proffitt & Goodson Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $57,571,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in VEA. Bank of America Corp DE grew its position in shares of Vanguard FTSE Developed Markets ETF by 6.6% during the 4th quarter. Bank of America Corp DE now owns 175,393,114 shares of the company’s stock worth $8,387,299,000 after buying an additional 10,807,527 shares in the last quarter. Betterment LLC boosted its position in Vanguard FTSE Developed Markets ETF by 8.0% during the fourth quarter. Betterment LLC now owns 137,485,176 shares of the company’s stock valued at $6,574,541,000 after purchasing an additional 10,132,168 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in Vanguard FTSE Developed Markets ETF by 1.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 98,087,890 shares of the company’s stock valued at $4,690,563,000 after purchasing an additional 1,599,089 shares in the last quarter. Wells Fargo & Company MN boosted its position in Vanguard FTSE Developed Markets ETF by 4.0% during the fourth quarter. Wells Fargo & Company MN now owns 65,258,786 shares of the company’s stock valued at $3,120,675,000 after purchasing an additional 2,488,154 shares in the last quarter. Finally, WealthNavi Inc. boosted its position in Vanguard FTSE Developed Markets ETF by 0.7% during the first quarter. WealthNavi Inc. now owns 49,789,539 shares of the company’s stock valued at $2,530,802,000 after purchasing an additional 362,543 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA stock opened at $57.22 on Friday. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.14 and a 1-year high of $57.31. The stock’s 50-day moving average is $55.27 and its 200 day moving average is $51.87. The company has a market cap of $164.40 billion, a P/E ratio of 16.34 and a beta of 0.89.

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.