Stone Wealth Partners Acquires Shares of 41,504 Vanguard FTSE Developed Markets ETF $VEA

Stone Wealth Partners bought a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 41,504 shares of the company’s stock, valued at approximately $2,593,000. Vanguard FTSE Developed Markets ETF accounts for about 2.3% of Stone Wealth Partners’ portfolio, making the stock its 13th biggest position.

Several other institutional investors have also recently made changes to their positions in VEA. Bank of America Corp DE lifted its stake in Vanguard FTSE Developed Markets ETF by 2.1% in the fourth quarter. Bank of America Corp DE now owns 205,758,023 shares of the company’s stock worth $12,853,704,000 after purchasing an additional 4,289,361 shares during the last quarter. Betterment LLC boosted 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 grew its stake in shares of Vanguard FTSE Developed Markets ETF by 44.0% during the fourth quarter. Morgan Stanley now owns 90,491,038 shares of the company’s stock valued at $5,652,975,000 after buying an additional 27,650,637 shares during the last quarter. Wells Fargo & Company MN grew its stake in shares of Vanguard FTSE Developed Markets ETF by 1.3% during 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 buying an additional 848,196 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of Vanguard FTSE Developed Markets ETF by 6.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 61,886,335 shares of the company’s stock valued at $3,866,039,000 after buying an additional 3,757,877 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA VEA opened at $72.31 on Friday. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $54.63 and a fifty-two week high of $73.23. The company has a market cap of $231.92 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. The business’s 50 day moving average price is $69.92 and its 200-day moving average price is $66.73.

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.