Level Wealth Management LLC Has $21.09 Million Stock Position in Vanguard FTSE Developed Markets ETF $VEA

Level Wealth Management LLC raised its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 7.5% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 351,906 shares of the company’s stock after acquiring an additional 24,602 shares during the period. Vanguard FTSE Developed Markets ETF comprises about 11.1% of Level Wealth Management LLC’s investment portfolio, making the stock its 3rd largest holding. Level Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $21,086,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its position in Vanguard FTSE Developed Markets ETF by 3.0% during the 2nd quarter. Bank of America Corp DE now owns 194,545,244 shares of the company’s stock valued at $11,091,024,000 after purchasing an additional 5,747,233 shares during the period. Envestnet Asset Management Inc. increased its position in shares of Vanguard FTSE Developed Markets ETF by 1.0% during the second quarter. Envestnet Asset Management Inc. now owns 99,706,551 shares of the company’s stock worth $5,684,072,000 after acquiring an additional 958,633 shares in the last quarter. WealthNavi Inc. raised its stake in shares of Vanguard FTSE Developed Markets ETF by 1.1% in the 3rd quarter. WealthNavi Inc. now owns 48,797,610 shares of the company’s stock valued at $2,923,953,000 after purchasing an additional 549,899 shares during the period. Corient Private Wealth LLC boosted its position in Vanguard FTSE Developed Markets ETF by 122.9% during the 2nd quarter. Corient Private Wealth LLC now owns 41,168,047 shares of the company’s stock worth $2,201,917,000 after acquiring an additional 22,700,179 shares during the last quarter. Finally, Captrust Financial Advisors grew its position in Vanguard FTSE Developed Markets ETF by 20.9% in the second quarter. Captrust Financial Advisors now owns 24,996,434 shares of the company’s stock valued at $1,425,044,000 after purchasing an additional 4,314,597 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Down 0.4%

VEA stock opened at $63.88 on Thursday. The company has a market cap of $197.88 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87. The business has a 50 day moving average price of $61.74 and a two-hundred day moving average price of $59.76. Vanguard FTSE Developed Markets ETF has a twelve month low of $45.14 and a twelve month high of $64.19.

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.