Root Financial Partners LLC Purchases 12,363 Shares of Vanguard FTSE Developed Markets ETF $VEA

Root Financial Partners LLC increased its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 7.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 172,311 shares of the company’s stock after buying an additional 12,363 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises approximately 0.4% of Root Financial Partners LLC’s investment portfolio, making the stock its 26th largest holding. Root Financial Partners LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $12,167,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Envestnet Asset Management Inc. lifted its stake in Vanguard FTSE Developed Markets ETF by 2.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 88,111,242 shares of the company’s stock valued at $6,277,926,000 after acquiring an additional 2,039,805 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 4.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 66,823,471 shares of the company’s stock valued at $4,761,172,000 after acquiring an additional 2,675,380 shares during the last quarter. Royal Bank of Canada boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 11.9% in the 1st quarter. Royal Bank of Canada now owns 47,313,421 shares of the company’s stock valued at $3,031,844,000 after acquiring an additional 5,041,973 shares during the last quarter. Baird Financial Group Inc. increased its stake in shares of Vanguard FTSE Developed Markets ETF by 4.5% in the second quarter. Baird Financial Group Inc. now owns 22,461,369 shares of the company’s stock worth $1,600,373,000 after acquiring an additional 977,255 shares during the period. Finally, Facet Wealth Inc. increased its stake in shares of Vanguard FTSE Developed Markets ETF by 11.2% in the second quarter. Facet Wealth Inc. now owns 15,511,173 shares of the company’s stock worth $1,105,171,000 after acquiring an additional 1,558,357 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA:VEA opened at $69.26 on Friday. The company’s fifty day moving average price is $71.73 and its 200-day moving average price is $70.79. Vanguard FTSE Developed Markets ETF has a 1-year low of $58.88 and a 1-year high of $74.04. The firm has a market capitalization of $227.09 billion, a P/E ratio of 16.34 and a beta of 0.84.

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.