Summit Trail Advisors LLC Grows Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Summit Trail Advisors LLC increased its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 23.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,268,643 shares of the company’s stock after buying an additional 238,135 shares during the period. Vanguard FTSE Developed Markets ETF accounts for approximately 1.7% of Summit Trail Advisors LLC’s holdings, making the stock its 9th biggest position. Summit Trail Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $66,997,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Creative Planning grew its position in shares of Vanguard FTSE Developed Markets ETF by 3.8% in the third quarter. Creative Planning now owns 145,118,743 shares of the company’s stock valued at $7,663,721,000 after purchasing an additional 5,341,481 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Vanguard FTSE Developed Markets ETF by 4.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 50,962,305 shares of the company’s stock valued at $2,518,573,000 after purchasing an additional 2,402,484 shares during the period. WealthNavi Inc. grew its holdings in Vanguard FTSE Developed Markets ETF by 5.6% in the 3rd quarter. WealthNavi Inc. now owns 46,095,601 shares of the company’s stock valued at $2,434,309,000 after buying an additional 2,436,012 shares during the last quarter. LPL Financial LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 4.5% in the 3rd quarter. LPL Financial LLC now owns 22,283,298 shares of the company’s stock valued at $1,176,781,000 after buying an additional 954,457 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its position in Vanguard FTSE Developed Markets ETF by 10.6% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 19,366,592 shares of the company’s stock worth $948,309,000 after buying an additional 1,860,937 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Up 0.4 %

VEA opened at $49.50 on Friday. The business has a 50 day moving average of $51.09 and a 200-day moving average of $50.68. The stock has a market capitalization of $129.69 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.65 and a 1-year high of $53.40.

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.