WealthNavi Inc. Has $3.17 Billion Position in Vanguard FTSE Developed Markets ETF $VEA
by Tristan Rich · The Markets DailyWealthNavi Inc. decreased its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA – Free Report) by 0.1% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 49,481,329 shares of the company’s stock after selling 57,544 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises about 27.5% of WealthNavi Inc.’s portfolio, making the stock its 2nd biggest holding. WealthNavi Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $3,170,764,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Buck Wealth Strategies LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 16.3% during the 4th quarter. Buck Wealth Strategies LLC now owns 364,560 shares of the company’s stock worth $22,774,000 after acquiring an additional 51,187 shares during the last quarter. Chesley Taft & Associates LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 13.9% during the 4th quarter. Chesley Taft & Associates LLC now owns 331,150 shares of the company’s stock valued at $20,687,000 after purchasing an additional 40,482 shares during the last quarter. Green Ridge Wealth Planning LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the 4th quarter valued at $15,031,000. Root Financial Partners LLC boosted its position in Vanguard FTSE Developed Markets ETF by 27.1% during the fourth quarter. Root Financial Partners LLC now owns 97,303 shares of the company’s stock worth $6,079,000 after purchasing an additional 20,769 shares during the period. Finally, Eastern Bank boosted its position in Vanguard FTSE Developed Markets ETF by 3.5% during the fourth quarter. Eastern Bank now owns 2,427,295 shares of the company’s stock worth $151,633,000 after purchasing an additional 81,764 shares during the period.
Vanguard FTSE Developed Markets ETF Price Performance
NYSEARCA:VEA opened at $71.16 on Friday. The company has a market cap of $228.23 billion, a P/E ratio of 16.34 and a beta of 0.83. The firm’s fifty day moving average price is $70.24 and its two-hundred day moving average price is $67.06. Vanguard FTSE Developed Markets ETF has a one year low of $55.68 and a one year high of $73.23.
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.
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