Vanguard FTSE Developed Markets ETF $VEA Shares Purchased by Foundation Wealth Management LLC PA

Foundation Wealth Management LLC PA lifted its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 20.0% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 223,843 shares of the company’s stock after buying an additional 37,364 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for about 5.3% of Foundation Wealth Management LLC PA’s holdings, making the stock its 5th biggest position. Foundation Wealth Management LLC PA’s holdings in Vanguard FTSE Developed Markets ETF were worth $15,806,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in VEA. Envestnet Asset Management Inc. boosted its position in Vanguard FTSE Developed Markets ETF by 2.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 88,111,242 shares of the company’s stock worth $6,277,926,000 after buying an additional 2,039,805 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in Vanguard FTSE Developed Markets ETF by 4.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 66,823,471 shares of the company’s stock worth $4,761,172,000 after acquiring an additional 2,675,380 shares during the last quarter. Auto Owners Insurance Co grew its holdings in Vanguard FTSE Developed Markets ETF by 6,941.5% during the 4th quarter. Auto Owners Insurance Co now owns 73,636,513 shares of the company’s stock worth $4,600,073,000 after acquiring an additional 72,590,763 shares during the last quarter. Royal Bank of Canada grew its holdings in Vanguard FTSE Developed Markets ETF by 11.9% during the 1st quarter. Royal Bank of Canada now owns 47,313,421 shares of the company’s stock worth $3,031,844,000 after acquiring an additional 5,041,973 shares during the last quarter. Finally, Corient Private Wealth LLC increased its position in Vanguard FTSE Developed Markets ETF by 42.8% in the 4th quarter. Corient Private Wealth LLC now owns 34,849,543 shares of the company’s stock valued at $2,177,051,000 after acquiring an additional 10,449,040 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA VEA opened at $70.06 on Wednesday. The firm has a 50 day moving average price of $72.18 and a two-hundred day moving average price of $70.49. The stock has a market cap of $229.71 billion, a P/E ratio of 16.34 and a beta of 0.84. Vanguard FTSE Developed Markets ETF has a 52-week low of $58.88 and a 52-week high of $74.04.

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.