Envestnet Asset Management Inc. Increases Stock Holdings in Vanguard FTSE Developed Markets ETF $VEA

Envestnet Asset Management Inc. increased its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 88,111,242 shares of the company’s stock after buying an additional 2,039,805 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for 0.9% of Envestnet Asset Management Inc.’s investment portfolio, making the stock its 13th largest holding. Envestnet Asset Management Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $6,277,926,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Green Ridge Wealth Planning LLC bought a new stake in Vanguard FTSE Developed Markets ETF in the 4th quarter worth about $15,031,000. Root Financial Partners LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 27.1% during the 4th quarter. Root Financial Partners LLC now owns 97,303 shares of the company’s stock worth $6,079,000 after buying an additional 20,769 shares in the last quarter. Verus Advisory Inc. bought a new position in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter worth approximately $9,561,000. Cherry Tree Wealth Management LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 3.1% in the 4th quarter. Cherry Tree Wealth Management LLC now owns 299,201 shares of the company’s stock worth $18,691,000 after buying an additional 8,873 shares during the last quarter. Finally, Bayban purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter worth approximately $3,050,000.

Vanguard FTSE Developed Markets ETF Trading Down 1.8%

Shares of VEA stock traded down $1.29 during trading on Wednesday, hitting $71.42. The company’s stock had a trading volume of 7,699,779 shares, compared to its average volume of 14,393,215. The company has a market cap of $233.17 billion, a PE ratio of 16.34 and a beta of 0.83. The business has a fifty day moving average of $72.02 and a 200-day moving average of $69.84. Vanguard FTSE Developed Markets ETF has a 52 week low of $58.81 and a 52 week high of $74.04.

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.