14,246 Vanguard FTSE Developed Markets ETF $VEA Shares Purchased by Beam Wealth Advisors Inc.

Beam Wealth Advisors Inc. grew its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 36.6% during the third quarter, Holdings Channel reports. The institutional investor owned 53,171 shares of the company’s stock after buying an additional 14,246 shares during the period. Beam Wealth Advisors Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $3,754,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Envestnet Asset Management Inc. increased its holdings in Vanguard FTSE Developed Markets ETF by 2.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 88,111,242 shares of the company’s stock worth $6,277,926,000 after acquiring an additional 2,039,805 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in Vanguard FTSE Developed Markets ETF by 4.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 66,823,471 shares of the company’s stock valued at $4,761,172,000 after purchasing an additional 2,675,380 shares in the last quarter. WealthNavi Inc. lifted its holdings in Vanguard FTSE Developed Markets ETF by 1.9% during the third quarter. WealthNavi Inc. now owns 50,415,584 shares of the company’s stock valued at $3,559,844,000 after purchasing an additional 932,045 shares in the last quarter. Royal Bank of Canada lifted its holdings in Vanguard FTSE Developed Markets ETF by 11.9% during the first quarter. Royal Bank of Canada now owns 47,313,421 shares of the company’s stock valued at $3,031,844,000 after purchasing an additional 5,041,973 shares in the last quarter. Finally, Baird Financial Group Inc. boosted its position in shares of Vanguard FTSE Developed Markets ETF by 4.5% in the second quarter. Baird Financial Group Inc. now owns 22,461,369 shares of the company’s stock worth $1,600,373,000 after purchasing an additional 977,255 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

VEA opened at $67.90 on Friday. The firm has a market cap of $224.17 billion, a P/E ratio of 16.34 and a beta of 0.85. Vanguard FTSE Developed Markets ETF has a 1-year low of $58.88 and a 1-year high of $74.04. The company has a 50 day simple moving average of $70.89 and a two-hundred day simple moving average of $69.56.

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.