Northwestern Mutual Wealth Management Co. Purchases 2,675,380 Shares of Vanguard FTSE Developed Markets ETF $VEA

Northwestern Mutual Wealth Management Co. increased its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 66,823,471 shares of the company’s stock after buying an additional 2,675,380 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for approximately 2.5% of Northwestern Mutual Wealth Management Co.’s holdings, making the stock its 8th biggest position. Northwestern Mutual Wealth Management Co.’s holdings in Vanguard FTSE Developed Markets ETF were worth $4,761,172,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. Buck Wealth Strategies LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 16.3% in the fourth quarter. Buck Wealth Strategies LLC now owns 364,560 shares of the company’s stock worth $22,774,000 after acquiring an additional 51,187 shares during the last quarter. Green Ridge Wealth Planning LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the fourth quarter worth about $15,031,000. Root Financial Partners LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 27.1% in the fourth quarter. Root Financial Partners LLC now owns 97,303 shares of the company’s stock valued at $6,079,000 after purchasing 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 about $9,561,000. Finally, Amara Financial LLC. boosted its holdings in Vanguard FTSE Developed Markets ETF by 15.7% during the fourth quarter. Amara Financial LLC. now owns 336,393 shares of the company’s stock valued at $21,014,000 after purchasing an additional 45,737 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA opened at $72.92 on Tuesday. The firm has a market cap of $236.26 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a twelve month low of $57.81 and a twelve month high of $74.04. The firm’s 50-day simple moving average is $71.46 and its 200-day simple moving average is $69.44.

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.