Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Short Interest Update

Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) was the recipient of a significant decline in short interest in June. As of June 30th, there was short interest totaling 8,051,245 shares, a decline of 44.1% from the June 15th total of 14,398,501 shares. Based on an average daily volume of 12,849,743 shares, the short-interest ratio is currently 0.6 days. Approximately 0.2% of the company’s stock are short sold.

Vanguard FTSE Developed Markets ETF Price Performance

Vanguard FTSE Developed Markets ETF stock traded down $0.79 during trading hours on Thursday, hitting $70.03. The company had a trading volume of 8,238,937 shares, compared to its average volume of 16,206,096. The firm’s fifty day moving average is $70.85 and its 200-day moving average is $67.89. The firm has a market capitalization of $226.89 billion, a P/E ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $55.68 and a fifty-two week high of $73.23.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Bank of America Corp DE raised its position in Vanguard FTSE Developed Markets ETF by 2.1% during the fourth quarter. Bank of America Corp DE now owns 205,758,023 shares of the company’s stock valued at $12,853,704,000 after acquiring an additional 4,289,361 shares in the last quarter. Betterment LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 0.8% in the 4th quarter. Betterment LLC now owns 138,588,366 shares of the company’s stock valued at $8,657,615,000 after purchasing an additional 1,140,627 shares during the last quarter. Morgan Stanley lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 44.0% in the 4th quarter. Morgan Stanley now owns 90,491,038 shares of the company’s stock valued at $5,652,975,000 after purchasing an additional 27,650,637 shares during the last quarter. Auto Owners Insurance Co boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 6,941.5% during the 4th quarter. Auto Owners Insurance Co now owns 73,636,513 shares of the company’s stock worth $4,600,073,000 after acquiring an additional 72,590,763 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 1.3% during the 4th quarter. Wells Fargo & Company MN now owns 64,314,341 shares of the company’s stock worth $4,017,717,000 after acquiring an additional 848,196 shares in the last quarter.

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.