Bank of America Corp DE Buys 5,747,233 Shares of Vanguard FTSE Developed Markets ETF $VEA

Bank of America Corp DE boosted its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.0% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 194,545,244 shares of the company’s stock after buying an additional 5,747,233 shares during the period. Vanguard FTSE Developed Markets ETF makes up approximately 0.8% of Bank of America Corp DE’s holdings, making the stock its 16th largest holding. Bank of America Corp DE owned approximately 6.77% of Vanguard FTSE Developed Markets ETF worth $11,091,024,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Jasper Ridge Partners L.P. grew its position in Vanguard FTSE Developed Markets ETF by 37.2% in the 2nd quarter. Jasper Ridge Partners L.P. now owns 15,306,034 shares of the company’s stock valued at $872,597,000 after acquiring an additional 4,147,937 shares during the last quarter. Wit LLC grew its holdings in 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 acquiring an additional 4,016,913 shares in the last quarter. SCS Capital Management LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 48.0% during the first quarter. SCS Capital Management LLC now owns 10,411,294 shares of the company’s stock valued at $529,206,000 after buying an additional 3,377,989 shares during the period. RWA Wealth Partners LLC boosted its position in Vanguard FTSE Developed Markets ETF by 20.6% during 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 in the last quarter. Finally, The Manufacturers Life Insurance Company boosted its position in 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 valued at $420,895,000 after acquiring an additional 2,013,561 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

VEA opened at $62.48 on Friday. The firm has a market capitalization of $186.16 billion, a PE ratio of 16.34 and a beta of 0.87. The business’s 50-day moving average is $61.00 and its two-hundred day moving average is $58.88. Vanguard FTSE Developed Markets ETF has a 1 year low of $45.14 and a 1 year high of $62.92.

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.