Envestnet Portfolio Solutions Inc. Buys 264,634 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Envestnet Portfolio Solutions Inc. boosted its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 13,830,636 shares of the company’s stock after purchasing an additional 264,634 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises about 2.2% of Envestnet Portfolio Solutions Inc.’s holdings, making the stock its 8th largest position. Envestnet Portfolio Solutions Inc. owned 0.53% of Vanguard FTSE Developed Markets ETF worth $661,381,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at $563,154,000. Strategic Financial Concepts LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 5,780.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 10,808,939 shares of the company’s stock worth $516,883,000 after buying an additional 10,625,142 shares during the last quarter. US Bancorp DE grew its holdings in Vanguard FTSE Developed Markets ETF by 56.6% in the 4th quarter. US Bancorp DE now owns 23,812,753 shares of the company’s stock valued at $1,138,726,000 after buying an additional 8,608,172 shares during the period. Life Planning Partners Inc increased its stake in shares of Vanguard FTSE Developed Markets ETF by 4,722.9% during the 4th quarter. Life Planning Partners Inc now owns 4,370,665 shares of the company’s stock valued at $209,005,000 after acquiring an additional 4,280,041 shares during the last quarter. Finally, WealthNavi Inc. increased its stake in shares of Vanguard FTSE Developed Markets ETF by 7.2% during the 4th quarter. WealthNavi Inc. now owns 49,426,996 shares of the company’s stock valued at $2,363,599,000 after acquiring an additional 3,331,395 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA opened at $52.20 on Friday. Vanguard FTSE Developed Markets ETF has a 1 year low of $46.80 and a 1 year high of $53.40. The company’s 50 day simple moving average is $50.31 and its 200 day simple moving average is $50.46. The stock has a market capitalization of $146.68 billion, a PE ratio of 16.97 and a beta of 0.92.

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.