Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Sees Strong Trading Volume

Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) saw strong trading volume on Tuesday . 11,853,457 shares were traded during mid-day trading, an increase of 13% from the previous session’s volume of 10,521,188 shares.The stock last traded at $50.02 and had previously closed at $50.26.

Vanguard FTSE Developed Markets ETF Stock Up 0.4 %

The company has a 50-day simple moving average of $50.23 and a two-hundred day simple moving average of $49.05. The stock has a market cap of $133.59 billion, a P/E ratio of 13.32 and a beta of 0.88.

Hedge Funds Weigh In On Vanguard FTSE Developed Markets ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Creative Planning raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.8% during the fourth quarter. Creative Planning now owns 126,420,464 shares of the company’s stock valued at $62,294,000 after acquiring an additional 2,288,154 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in Vanguard FTSE Developed Markets ETF by 3.8% in the fourth quarter. Envestnet Asset Management Inc. now owns 88,753,808 shares of the company’s stock worth $4,251,307,000 after purchasing an additional 3,279,281 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in Vanguard FTSE Developed Markets ETF by 2.5% in the fourth quarter. Jones Financial Companies Lllp now owns 78,087,328 shares of the company’s stock worth $3,740,383,000 after purchasing an additional 1,900,950 shares in the last quarter. Wells Fargo & Company MN raised its holdings in Vanguard FTSE Developed Markets ETF by 1.0% in the fourth quarter. Wells Fargo & Company MN now owns 62,460,928 shares of the company’s stock worth $2,991,878,000 after purchasing an additional 625,362 shares in the last quarter. Finally, WealthNavi Inc. raised its holdings in Vanguard FTSE Developed Markets ETF by 2.5% in the fourth quarter. WealthNavi Inc. now owns 40,170,244 shares of the company’s stock worth $1,924,155,000 after purchasing an additional 965,155 shares in the last quarter.

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.