Compass Wealth Management LLC Makes New $3.59 Million Investment in Vanguard FTSE Developed Markets ETF $VEA

Compass Wealth Management LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 59,824 shares of the company’s stock, valued at approximately $3,585,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.0% in the second quarter. Bank of America Corp DE now owns 194,545,244 shares of the company’s stock valued at $11,091,024,000 after purchasing an additional 5,747,233 shares during the period. Envestnet Asset Management Inc. grew its position in Vanguard FTSE Developed Markets ETF by 1.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 99,706,551 shares of the company’s stock valued at $5,684,072,000 after buying an additional 958,633 shares during the last quarter. WealthNavi Inc. increased its stake in Vanguard FTSE Developed Markets ETF by 1.1% in the 3rd quarter. WealthNavi Inc. now owns 48,797,610 shares of the company’s stock valued at $2,923,953,000 after buying an additional 549,899 shares during the period. Corient Private Wealth LLC raised its position in 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 buying an additional 22,700,179 shares during the last quarter. Finally, Captrust Financial Advisors raised its position in Vanguard FTSE Developed Markets ETF by 20.9% during the 2nd quarter. Captrust Financial Advisors now owns 24,996,434 shares of the company’s stock worth $1,425,044,000 after buying an additional 4,314,597 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.5%

Shares of NYSEARCA:VEA opened at $66.08 on Tuesday. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.14 and a fifty-two week high of $66.34. The firm’s 50-day simple moving average is $62.76 and its 200-day simple moving average is $60.53. The company has a market cap of $204.69 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87.

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.