Vanguard FTSE Developed Markets ETF $VEA Shares Purchased by Sigma Investment Counselors Inc.

Sigma Investment Counselors Inc. increased its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,347,348 shares of the company’s stock after purchasing an additional 100,510 shares during the period. Vanguard FTSE Developed Markets ETF makes up approximately 7.8% of Sigma Investment Counselors Inc.’s holdings, making the stock its 2nd biggest position. Sigma Investment Counselors Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $165,746,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Envestnet Asset Management Inc. increased its stake 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 valued at $6,277,926,000 after purchasing an additional 2,039,805 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Vanguard FTSE Developed Markets ETF by 4.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 66,823,471 shares of the company’s stock worth $4,761,172,000 after buying an additional 2,675,380 shares during the last quarter. WealthNavi Inc. raised its holdings in Vanguard FTSE Developed Markets ETF by 1.9% in the third quarter. WealthNavi Inc. now owns 50,415,584 shares of the company’s stock worth $3,559,844,000 after buying an additional 932,045 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 worth $3,031,844,000 after buying an additional 5,041,973 shares in the last quarter. Finally, Baird Financial Group Inc. lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 4.5% in the second quarter. Baird Financial Group Inc. now owns 22,461,369 shares of the company’s stock worth $1,600,373,000 after buying an additional 977,255 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA VEA opened at $69.88 on Wednesday. The firm’s 50 day moving average price is $71.47 and its 200-day moving average price is $69.37. Vanguard FTSE Developed Markets ETF has a 52-week low of $58.88 and a 52-week high of $74.04. The company has a market cap of $229.12 billion, a PE ratio of 16.34 and a beta of 0.84.

About Vanguard FTSE Developed Markets ETF

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.