Franklin Resources Inc. Has $17.80 Million Stock Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Franklin Resources Inc. raised its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 341,703 shares of the company’s stock after buying an additional 13,044 shares during the period. Franklin Resources Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $17,803,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of VEA. Lummis Asset Management LP bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the 3rd quarter valued at approximately $34,000. Spectrum Wealth Counsel LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter worth $33,000. Abich Financial Wealth Management LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 2,458.6% during the 2nd quarter. Abich Financial Wealth Management LLC now owns 742 shares of the company’s stock worth $37,000 after purchasing an additional 713 shares during the last quarter. Fairscale Capital LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter valued at $38,000. Finally, First Command Advisory Services Inc. lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 379.3% in the 2nd quarter. First Command Advisory Services Inc. now owns 786 shares of the company’s stock valued at $39,000 after purchasing an additional 622 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 1.5 %

Shares of NYSEARCA:VEA opened at $47.57 on Friday. Vanguard FTSE Developed Markets ETF has a 1 year low of $45.91 and a 1 year high of $53.40. The firm has a fifty day moving average price of $50.16 and a 200 day moving average price of $50.58. The stock has a market capitalization of $124.63 billion, a PE ratio of 13.32 and a beta of 0.88.

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.