Vanguard FTSE Developed Markets ETF $VEA is Valmark Advisers Inc.’s Largest Position

Valmark Advisers Inc. cut its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,462,597 shares of the company’s stock after selling 277,590 shares during the period. Vanguard FTSE Developed Markets ETF comprises approximately 9.1% of Valmark Advisers Inc.’s investment portfolio, making the stock its largest holding. Valmark Advisers Inc. owned 0.40% of Vanguard FTSE Developed Markets ETF worth $653,483,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of the stock. Envestnet Asset Management Inc. lifted its stake in Vanguard FTSE Developed Markets ETF by 0.7% during the 1st 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% during the 1st quarter. Wealthfront Advisers LLC now owns 60,371,395 shares of the company’s stock valued at $3,068,678,000 after acquiring an additional 1,778,345 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in 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 acquiring an additional 1,840,640 shares in the last quarter. Northern Trust Corp lifted its stake in Vanguard FTSE Developed Markets ETF by 3.5% during the 1st quarter. Northern Trust Corp now owns 42,599,905 shares of the company’s stock valued at $2,165,353,000 after acquiring an additional 1,425,051 shares in the last quarter. Finally, Wealthspire Advisors LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 110.7% during the 1st quarter. Wealthspire Advisors LLC now owns 22,514,780 shares of the company’s stock valued at $1,144,426,000 after acquiring an additional 11,830,891 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 0.9%

Shares of NYSEARCA:VEA opened at $60.65 on Wednesday. The stock’s fifty day simple moving average is $58.99 and its two-hundred day simple moving average is $55.81. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.14 and a 1-year high of $61.32. The stock has a market cap of $178.27 billion, a PE ratio of 16.34 and a beta of 0.89.

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.