Envestnet Asset Management Inc. Has $6.28 Billion Holdings in Vanguard FTSE Developed Markets ETF $VEA

Envestnet Asset Management Inc. lifted its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.4% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 88,111,242 shares of the company’s stock after purchasing an additional 2,039,805 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for 0.9% of Envestnet Asset Management Inc.’s investment portfolio, making the stock its 13th largest holding. Envestnet Asset Management Inc. owned 2.70% of Vanguard FTSE Developed Markets ETF worth $6,277,926,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Auto Owners Insurance Co grew its position in Vanguard FTSE Developed Markets ETF by 6,941.5% in the 4th 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 during the period. Corient Private Wealth LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 42.8% during the fourth quarter. Corient Private Wealth LLC now owns 34,849,543 shares of the company’s stock worth $2,177,051,000 after buying an additional 10,449,040 shares during the last quarter. Royal Bank of Canada lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 11.9% in 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 buying an additional 5,041,973 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 6.5% in 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 buying an additional 3,757,877 shares in the last quarter. Finally, Wit LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 88.9% during the fourth quarter. Wit LLC now owns 7,490,656 shares of the company’s stock valued at $467,941,000 after buying an additional 3,526,251 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA VEA traded down $1.29 during mid-day trading on Wednesday, reaching $71.42. 7,699,779 shares of the company’s stock traded hands, compared to its average volume of 14,393,215. The business has a 50-day simple moving average of $72.02 and a 200 day simple moving average of $69.84. The stock has a market cap of $233.17 billion, a P/E ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 1-year low of $58.81 and a 1-year high of $74.04.

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.