SVB Wealth LLC Has $4.05 Million Position in Vanguard FTSE Developed Markets ETF $VEA

SVB Wealth LLC lessened its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 16.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,824 shares of the company’s stock after selling 10,950 shares during the period. SVB Wealth LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $4,049,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Bank of America Corp DE raised its holdings in Vanguard FTSE Developed Markets ETF by 2.1% during the 4th 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 period. Betterment LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 0.8% in the fourth quarter. Betterment LLC now owns 138,588,366 shares of the company’s stock valued at $8,657,615,000 after buying an additional 1,140,627 shares in the last quarter. Morgan Stanley boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 44.0% in the fourth quarter. Morgan Stanley now owns 90,491,038 shares of the company’s stock valued at $5,652,975,000 after buying an additional 27,650,637 shares during the period. Auto Owners Insurance Co boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 6,941.5% in the fourth quarter. Auto Owners Insurance Co now owns 73,636,513 shares of the company’s stock valued at $4,600,073,000 after buying an additional 72,590,763 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 4.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 66,823,471 shares of the company’s stock valued at $4,761,172,000 after buying an additional 2,675,380 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Down 0.4%

Shares of VEA stock opened at $73.45 on Wednesday. Vanguard FTSE Developed Markets ETF has a 12-month low of $58.81 and a 12-month high of $74.04. The firm has a fifty day moving average of $71.76 and a 200-day moving average of $69.63. The company has a market capitalization of $237.97 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83.

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.