Royal Bank of Canada Has $3.03 Billion Stock Position in Vanguard FTSE Developed Markets ETF $VEA

Royal Bank of Canada grew its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 11.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 47,313,421 shares of the company’s stock after purchasing an additional 5,041,973 shares during the period. Royal Bank of Canada’s holdings in Vanguard FTSE Developed Markets ETF were worth $3,031,844,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of America Corp DE increased its holdings in Vanguard FTSE Developed Markets ETF by 2.1% in the fourth quarter. Bank of America Corp DE now owns 205,758,023 shares of the company’s stock worth $12,853,704,000 after buying an additional 4,289,361 shares during the last quarter. Betterment LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.8% during the 4th quarter. Betterment LLC now owns 138,588,366 shares of the company’s stock valued at $8,657,615,000 after purchasing an additional 1,140,627 shares in the last quarter. Morgan Stanley raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 44.0% during the 4th quarter. Morgan Stanley now owns 90,491,038 shares of the company’s stock valued at $5,652,975,000 after purchasing an additional 27,650,637 shares in the last quarter. Auto Owners Insurance Co raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 6,941.5% during the 4th quarter. Auto Owners Insurance Co now owns 73,636,513 shares of the company’s stock valued at $4,600,073,000 after purchasing an additional 72,590,763 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 1.3% in the 4th quarter. Wells Fargo & Company MN now owns 64,314,341 shares of the company’s stock valued at $4,017,717,000 after purchasing an additional 848,196 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 0.6%

Shares of NYSEARCA:VEA opened at $69.60 on Wednesday. The stock has a market capitalization of $225.50 billion, a PE ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 1 year low of $55.68 and a 1 year high of $73.23. The firm has a fifty day moving average price of $70.83 and a 200 day moving average price of $68.32.

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.