Vanguard FTSE Developed Markets ETF $VEA is EverSource Wealth Advisors LLC’s 3rd Largest Position

EverSource Wealth Advisors LLC cut its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,049,797 shares of the company’s stock after selling 22,612 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for 2.4% of EverSource Wealth Advisors LLC’s investment portfolio, making the stock its 3rd largest position. EverSource Wealth Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $65,581,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in VEA. Betterment LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 2.5% during the third 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 in the last quarter. Wealthfront Advisers LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 0.6% during the fourth quarter. Wealthfront Advisers LLC now owns 58,685,582 shares of the company’s stock worth $3,666,088,000 after purchasing an additional 375,614 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Vanguard FTSE Developed Markets ETF by 5.6% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 58,128,458 shares of the company’s stock worth $3,483,057,000 after purchasing an additional 3,076,786 shares in the last quarter. Jones Financial Companies Lllp increased its position in shares of Vanguard FTSE Developed Markets ETF by 3.6% during the third quarter. Jones Financial Companies Lllp now owns 51,311,775 shares of the company’s stock worth $3,049,419,000 after purchasing an additional 1,794,331 shares in the last quarter. Finally, WealthNavi Inc. increased its position in shares of Vanguard FTSE Developed Markets ETF by 1.5% during the fourth quarter. WealthNavi Inc. now owns 49,538,873 shares of the company’s stock worth $3,094,693,000 after purchasing an additional 741,263 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA opened at $70.46 on Friday. Vanguard FTSE Developed Markets ETF has a one year low of $54.44 and a one year high of $71.12. The stock has a market capitalization of $225.98 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. The stock has a 50 day moving average price of $67.14 and a 200 day moving average price of $65.29.

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.