Bank of Montreal Can Buys 11,534 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Bank of Montreal Can lifted its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.1% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 1,042,573 shares of the company’s stock after purchasing an additional 11,534 shares during the quarter. Bank of Montreal Can’s holdings in Vanguard FTSE Developed Markets ETF were worth $55,236,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Creative Planning raised its stake 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 worth $7,663,721,000 after buying an additional 5,341,481 shares during the period. Northwestern Mutual Wealth Management Co. raised 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. raised its stake in Vanguard FTSE Developed Markets ETF by 5.6% during the 3rd quarter. WealthNavi Inc. now owns 46,095,601 shares of the company’s stock valued at $2,434,309,000 after purchasing an additional 2,436,012 shares during the period. LPL Financial LLC raised its stake in Vanguard FTSE Developed Markets ETF by 4.5% during the 3rd quarter. LPL Financial LLC now owns 22,283,298 shares of the company’s stock valued at $1,176,781,000 after purchasing an additional 954,457 shares during the period. Finally, Mercer Global Advisors Inc. ADV raised its stake in Vanguard FTSE Developed Markets ETF by 10.6% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 19,366,592 shares of the company’s stock valued at $948,309,000 after purchasing an additional 1,860,937 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Up 0.5 %

Shares of VEA opened at $49.70 on Thursday. The business’s 50 day moving average is $50.96 and its 200 day moving average is $50.67. The company has a market capitalization of $130.21 billion, a PE ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.65 and a 12-month high of $53.40.

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.