Arax Advisory Partners Has $38.49 Million Stake in Vanguard FTSE Developed Markets ETF $VEA

Arax Advisory Partners decreased its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 41.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 616,144 shares of the company’s stock after selling 442,772 shares during the period. Vanguard FTSE Developed Markets ETF makes up 1.1% of Arax Advisory Partners’ holdings, making the stock its 17th biggest holding. Arax Advisory Partners’ holdings in Vanguard FTSE Developed Markets ETF were worth $38,490,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Betterment LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 0.8% in 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 raised its holdings 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 purchasing an additional 27,650,637 shares during the period. Wells Fargo & Company MN raised its holdings 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 purchasing an additional 848,196 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings 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 purchasing an additional 3,757,877 shares during the period. Finally, Wealthfront Advisers LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.6% during the fourth quarter. Wealthfront Advisers LLC now owns 58,685,582 shares of the company’s stock valued at $3,666,088,000 after purchasing an additional 375,614 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Up 0.3%

Shares of NYSEARCA VEA opened at $71.55 on Friday. The firm’s 50-day moving average price is $69.33 and its 200-day moving average price is $66.37. Vanguard FTSE Developed Markets ETF has a 1-year low of $54.63 and a 1-year high of $72.32. The firm has a market capitalization of $229.48 billion, a P/E ratio of 16.34 and a beta of 0.83.

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.