Retirement Systems of Alabama Grows Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Retirement Systems of Alabama grew its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 6.2% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 24,535 shares of the company’s stock after acquiring an additional 1,427 shares during the quarter. Retirement Systems of Alabama’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,175,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of VEA. Creative Planning grew its position in shares of Vanguard FTSE Developed Markets ETF by 1.4% in the third quarter. Creative Planning now owns 124,132,310 shares of the company’s stock valued at $5,427,065,000 after purchasing an additional 1,726,718 shares during the period. Betterment LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 2.6% in the third quarter. Betterment LLC now owns 108,000,000 shares of the company’s stock valued at $4,735,356,000 after purchasing an additional 2,711,916 shares during the period. Jones Financial Companies Lllp grew its position in shares of Vanguard FTSE Developed Markets ETF by 1.8% in the third quarter. Jones Financial Companies Lllp now owns 76,186,378 shares of the company’s stock valued at $3,330,868,000 after purchasing an additional 1,341,616 shares during the period. Morgan Stanley grew its position in shares of Vanguard FTSE Developed Markets ETF by 3.7% in the third quarter. Morgan Stanley now owns 54,759,270 shares of the company’s stock valued at $2,394,075,000 after purchasing an additional 1,930,476 shares during the period. Finally, WealthNavi Inc. grew its position in shares of Vanguard FTSE Developed Markets ETF by 2.5% in the fourth quarter. WealthNavi Inc. now owns 40,170,244 shares of the company’s stock valued at $1,924,155,000 after purchasing an additional 965,155 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Down 0.1 %

Shares of NYSEARCA:VEA opened at $49.98 on Thursday. The company has a market cap of $130.95 billion, a P/E ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 52 week low of $41.48 and a 52 week high of $50.36. The business has a fifty day simple moving average of $49.33 and a 200-day simple moving average of $47.39.

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.