Permanent Capital Management LP Has $41.72 Million Stock Position in Vanguard FTSE Developed Markets ETF $VEA

Permanent Capital Management LP lifted its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 667,846 shares of the company’s stock after acquiring an additional 11,168 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for about 8.1% of Permanent Capital Management LP’s holdings, making the stock its 3rd largest position. Permanent Capital Management LP’s holdings in Vanguard FTSE Developed Markets ETF were worth $41,720,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of VEA. Bank of America Corp DE grew its stake in Vanguard FTSE Developed Markets ETF by 3.0% in the 2nd quarter. Bank of America Corp DE now owns 194,545,244 shares of the company’s stock valued at $11,091,024,000 after purchasing an additional 5,747,233 shares during the period. Betterment LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 2.5% during the 3rd quarter. Betterment LLC now owns 137,447,739 shares of the company’s stock worth $8,235,869,000 after purchasing an additional 3,364,345 shares during the period. Wealthfront Advisers LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.1% in the 3rd quarter. Wealthfront Advisers LLC now owns 58,309,968 shares of the company’s stock worth $3,493,933,000 after buying an additional 1,755,210 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 5.6% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 58,128,458 shares of the company’s stock worth $3,483,057,000 after buying an additional 3,076,786 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.6% in the 3rd quarter. Jones Financial Companies Lllp now owns 51,311,775 shares of the company’s stock worth $3,049,419,000 after buying an additional 1,794,331 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA opened at $62.04 on Friday. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.14 and a fifty-two week high of $70.55. The firm has a 50-day moving average of $66.70 and a 200 day moving average of $63.06. The firm has a market cap of $192.18 billion, a P/E ratio of 16.34 and a beta of 0.87.

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.