Wealthfront Advisers LLC Reduces Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Wealthfront Advisers LLC decreased its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 99.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 372,500 shares of the company’s stock after selling 54,864,604 shares during the quarter. Wealthfront Advisers LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $17,813,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. WealthNavi Inc. lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 7.2% in the fourth quarter. WealthNavi Inc. now owns 49,426,996 shares of the company’s stock valued at $2,363,599,000 after purchasing an additional 3,331,395 shares during the period. US Bancorp DE lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 56.6% during the 4th quarter. US Bancorp DE now owns 23,812,753 shares of the company’s stock valued at $1,138,726,000 after acquiring an additional 8,608,172 shares in the last quarter. LPL Financial LLC lifted its position in Vanguard FTSE Developed Markets ETF by 4.5% during the 3rd quarter. LPL Financial LLC now owns 22,283,298 shares of the company’s stock worth $1,176,781,000 after acquiring an additional 954,457 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in Vanguard FTSE Developed Markets ETF by 6.1% during the 4th quarter. Bank of New York Mellon Corp now owns 16,564,449 shares of the company’s stock valued at $792,112,000 after purchasing an additional 957,258 shares in the last quarter. Finally, Captrust Financial Advisors raised its holdings in Vanguard FTSE Developed Markets ETF by 7.2% in the third quarter. Captrust Financial Advisors now owns 16,431,983 shares of the company’s stock valued at $867,773,000 after acquiring an additional 1,103,351 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Vanguard FTSE Developed Markets ETF stock opened at $51.23 on Wednesday. Vanguard FTSE Developed Markets ETF has a one year low of $46.80 and a one year high of $53.40. The firm has a market capitalization of $143.96 billion, a P/E ratio of 16.75 and a beta of 0.92. The company has a 50-day simple moving average of $50.08 and a 200-day simple moving average of $50.46.

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.