Capital Group Private Client Services Inc. Increases Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Capital Group Private Client Services Inc. increased its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 38.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 20,921 shares of the company’s stock after purchasing an additional 5,825 shares during the quarter. Capital Group Private Client Services Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,000,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brooklyn FI LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 6,702.3% in the fourth quarter. Brooklyn FI LLC now owns 35,997,541 shares of the company’s stock valued at $1,806,348,000 after acquiring an additional 35,468,345 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Vanguard FTSE Developed Markets ETF in the fourth quarter valued at approximately $563,154,000. Strategic Financial Concepts LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 5,780.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 10,808,939 shares of the company’s stock valued at $516,883,000 after purchasing 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% during the fourth quarter. US Bancorp DE now owns 23,812,753 shares of the company’s stock valued at $1,138,726,000 after purchasing an additional 8,608,172 shares during the period. Finally, LPL Financial LLC increased its position in Vanguard FTSE Developed Markets ETF by 21.3% in the fourth quarter. LPL Financial LLC now owns 27,040,599 shares of the company’s stock worth $1,293,081,000 after buying an additional 4,757,301 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA opened at $50.75 on Friday. The firm has a market cap of $143.62 billion, a PE ratio of 15.89 and a beta of 0.86. Vanguard FTSE Developed Markets ETF has a 1 year low of $45.14 and a 1 year high of $53.40. The stock’s fifty day moving average price is $50.86 and its two-hundred day moving average price is $50.16.

Vanguard FTSE Developed Markets ETF Company 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.