Ally Invest Advisors Inc. Cuts Position in Vanguard FTSE Developed Markets ETF $VEA

Ally Invest Advisors Inc. reduced its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 4,490,716 shares of the company’s stock after selling 9,501 shares during the period. Vanguard FTSE Developed Markets ETF accounts for about 20.0% of Ally Invest Advisors Inc.’s portfolio, making the stock its 2nd largest holding. Ally Invest Advisors Inc. owned about 0.16% of Vanguard FTSE Developed Markets ETF worth $256,015,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VEA. Wit LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 99,898.4% during the 1st quarter. Wit LLC now owns 4,020,934 shares of the company’s stock worth $204,384,000 after purchasing an additional 4,016,913 shares during the last quarter. SCS Capital Management LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 48.0% in the first quarter. SCS Capital Management LLC now owns 10,411,294 shares of the company’s stock valued at $529,206,000 after acquiring an additional 3,377,989 shares during the last quarter. RWA Wealth Partners LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 20.6% in the 1st quarter. RWA Wealth Partners LLC now owns 13,542,589 shares of the company’s stock valued at $688,370,000 after acquiring an additional 2,313,204 shares during the period. The Manufacturers Life Insurance Company increased its stake in shares of Vanguard FTSE Developed Markets ETF by 32.1% during the 1st quarter. The Manufacturers Life Insurance Company now owns 8,280,448 shares of the company’s stock worth $420,895,000 after purchasing an additional 2,013,561 shares during the last quarter. Finally, CCM Investment Group LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter valued at about $97,170,000.

Vanguard FTSE Developed Markets ETF Stock Performance

Vanguard FTSE Developed Markets ETF stock opened at $62.04 on Monday. Vanguard FTSE Developed Markets ETF has a 52 week low of $45.14 and a 52 week high of $62.32. The stock has a market capitalization of $184.85 billion, a P/E ratio of 16.34 and a beta of 0.87. The stock has a 50-day simple moving average of $60.80 and a 200 day simple moving average of $58.68.

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.