Scott Capital Advisors LLC Buys 231,177 Shares of Vanguard FTSE Developed Markets ETF $VEA

Scott Capital Advisors LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 287.6% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 311,565 shares of the company’s stock after buying an additional 231,177 shares during the period. Vanguard FTSE Developed Markets ETF comprises approximately 3.5% of Scott Capital Advisors LLC’s investment portfolio, making the stock its 12th biggest position. Scott Capital Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $22,199,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of VEA. Bank of America Corp DE grew its position in Vanguard FTSE Developed Markets ETF by 2.1% during the 4th quarter. Bank of America Corp DE now owns 205,758,023 shares of the company’s stock worth $12,853,704,000 after acquiring an additional 4,289,361 shares during the last quarter. Betterment LLC raised its position 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 purchasing an additional 1,140,627 shares during the last quarter. Morgan Stanley raised its position in Vanguard FTSE Developed Markets ETF by 44.0% in 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 last quarter. Auto Owners Insurance Co boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 6,941.5% during the fourth quarter. Auto Owners Insurance Co now owns 73,636,513 shares of the company’s stock valued at $4,600,073,000 after purchasing 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 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 in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 0.5%

NYSEARCA:VEA opened at $72.50 on Tuesday. The stock’s 50-day moving average is $70.90 and its 200-day moving average is $68.75. Vanguard FTSE Developed Markets ETF has a 1-year low of $57.72 and a 1-year high of $73.23. The stock has a market cap of $234.89 billion, a P/E ratio of 16.34 and a beta of 0.83.

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.