Sterling Financial Planning Inc. Has $1.68 Million Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Sterling Financial Planning Inc. decreased its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.9% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 33,960 shares of the company’s stock after selling 1,366 shares during the period. Sterling Financial Planning Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,678,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of VEA. Creative Planning grew its holdings in Vanguard FTSE Developed Markets ETF by 1.8% during the 4th quarter. Creative Planning now owns 126,420,464 shares of the company’s stock worth $62,294,000 after acquiring an additional 2,288,154 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of Vanguard FTSE Developed Markets ETF by 3.8% in the 4th quarter. Envestnet Asset Management Inc. now owns 88,753,808 shares of the company’s stock worth $4,251,307,000 after purchasing an additional 3,279,281 shares during the last quarter. Jones Financial Companies Lllp grew its stake in shares of Vanguard FTSE Developed Markets ETF by 2.5% during the fourth quarter. Jones Financial Companies Lllp now owns 78,087,328 shares of the company’s stock worth $3,740,383,000 after purchasing an additional 1,900,950 shares during the period. Wells Fargo & Company MN increased its holdings in Vanguard FTSE Developed Markets ETF by 1.0% in the fourth quarter. Wells Fargo & Company MN now owns 62,460,928 shares of the company’s stock valued at $2,991,878,000 after purchasing an additional 625,362 shares during the last quarter. Finally, Royal Bank of Canada lifted its stake in Vanguard FTSE Developed Markets ETF by 5.3% in the fourth quarter. Royal Bank of Canada now owns 39,532,198 shares of the company’s stock valued at $1,893,592,000 after buying an additional 1,973,177 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA traded up $0.17 during midday trading on Friday, reaching $52.39. 5,128,915 shares of the company were exchanged, compared to its average volume of 9,868,435. The stock has a market capitalization of $137.26 billion, a P/E ratio of 13.32 and a beta of 0.88. The stock’s 50-day simple moving average is $50.25 and its 200 day simple moving average is $49.81. Vanguard FTSE Developed Markets ETF has a one year low of $41.48 and a one year high of $52.54.

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.