a16z Perennial Management L.P. Raises Stock Position in Vanguard FTSE Developed Markets ETF $VEA

a16z Perennial Management L.P. boosted its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 673.1% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 377,596 shares of the company’s stock after buying an additional 328,756 shares during the period. Vanguard FTSE Developed Markets ETF accounts for approximately 1.8% of a16z Perennial Management L.P.’s holdings, making the stock its 13th biggest position. a16z Perennial Management L.P.’s holdings in Vanguard FTSE Developed Markets ETF were worth $23,588,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of VEA. Corient Private Wealth LLC increased its stake in Vanguard FTSE Developed Markets ETF by 122.9% in the 2nd quarter. Corient Private Wealth LLC now owns 41,168,047 shares of the company’s stock worth $2,201,917,000 after buying an additional 22,700,179 shares in the last quarter. Moneta Group Investment Advisors LLC increased its stake in Vanguard FTSE Developed Markets ETF by 904.9% in the 3rd quarter. Moneta Group Investment Advisors LLC now owns 10,887,168 shares of the company’s stock worth $652,359,000 after buying an additional 9,803,737 shares in the last quarter. Jasper Ridge Partners L.P. grew its position in shares of Vanguard FTSE Developed Markets ETF by 35.6% during the third quarter. Jasper Ridge Partners L.P. now owns 20,757,883 shares of the company’s stock valued at $1,243,812,000 after purchasing an additional 5,451,849 shares in the last quarter. Cambridge Associates LLC MA ADV grew its position in shares of Vanguard FTSE Developed Markets ETF by 152.5% during the third quarter. Cambridge Associates LLC MA ADV now owns 8,489,920 shares of the company’s stock valued at $508,716,000 after purchasing an additional 5,127,412 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV grew its position in shares of Vanguard FTSE Developed Markets ETF by 16.8% during the third quarter. Mercer Global Advisors Inc. ADV now owns 33,413,896 shares of the company’s stock valued at $2,002,157,000 after purchasing an additional 4,798,488 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $71.77 on Monday. The firm has a market cap of $230.19 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. The business has a 50-day moving average price of $67.82 and a 200-day moving average price of $65.69. Vanguard FTSE Developed Markets ETF has a twelve month low of $54.63 and a twelve month high of $72.23.

Vanguard FTSE Developed Markets ETF 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.