Advisory Services Network LLC Boosts Holdings in Vanguard FTSE Developed Markets ETF $VEA

Advisory Services Network LLC grew its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 15.5% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 372,683 shares of the company’s stock after acquiring an additional 49,882 shares during the quarter. Advisory Services Network LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $20,952,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of VEA. Bank of America Corp DE lifted its stake in Vanguard FTSE Developed Markets ETF by 3.0% during the second quarter. Bank of America Corp DE now owns 194,545,244 shares of the company’s stock worth $11,091,024,000 after purchasing an additional 5,747,233 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Vanguard FTSE Developed Markets ETF by 1.0% during the second quarter. Envestnet Asset Management Inc. now owns 99,706,551 shares of the company’s stock worth $5,684,072,000 after purchasing an additional 958,633 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.2% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 59,628,214 shares of the company’s stock valued at $3,030,902,000 after acquiring an additional 1,840,640 shares in the last quarter. Northern Trust Corp lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.5% in the 1st quarter. Northern Trust Corp now owns 42,599,905 shares of the company’s stock valued at $2,165,353,000 after buying an additional 1,425,051 shares during the period. Finally, Corient Private Wealth LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 122.9% during the 2nd quarter. Corient Private Wealth LLC now owns 41,168,047 shares of the company’s stock worth $2,201,917,000 after purchasing an additional 22,700,179 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 0.5%

VEA stock opened at $62.48 on Friday. The firm has a 50 day moving average of $61.00 and a 200-day moving average of $58.91. The company has a market cap of $186.16 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $62.92.

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.