Evensky & Katz LLC Lowers Stake in Vanguard FTSE Developed Markets ETF $VEA

Evensky & Katz LLC decreased its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 48.9% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,898 shares of the company’s stock after selling 1,818 shares during the quarter. Evensky & Katz LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $108,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Envestnet Asset Management Inc. grew its stake in Vanguard FTSE Developed Markets ETF by 0.7% during the first quarter. Envestnet Asset Management Inc. now owns 98,747,918 shares of the company’s stock valued at $5,019,357,000 after acquiring an additional 660,028 shares in the last quarter. Wealthfront Advisers LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 3.0% in the 1st quarter. Wealthfront Advisers LLC now owns 60,371,395 shares of the company’s stock worth $3,068,678,000 after purchasing an additional 1,778,345 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.2% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 59,628,214 shares of the company’s stock valued at $3,030,902,000 after purchasing an additional 1,840,640 shares during the last quarter. WealthNavi Inc. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.7% during the 1st quarter. WealthNavi Inc. now owns 49,789,539 shares of the company’s stock valued at $2,530,802,000 after purchasing an additional 362,543 shares during the last quarter. Finally, Northern Trust Corp grew its position in shares of Vanguard FTSE Developed Markets ETF by 3.5% during the first quarter. Northern Trust Corp now owns 42,599,905 shares of the company’s stock valued at $2,165,353,000 after purchasing an additional 1,425,051 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.9%

Shares of Vanguard FTSE Developed Markets ETF stock opened at $61.06 on Monday. The firm has a market cap of $179.48 billion, a PE ratio of 16.34 and a beta of 0.89. The stock has a 50 day moving average of $58.84 and a 200 day moving average of $55.72. Vanguard FTSE Developed Markets ETF has a 12 month low of $45.14 and a 12 month high of $61.15.

About Vanguard FTSE Developed Markets ETF

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.