Alps Advisors Inc. Sells 9,280 Shares of Vanguard FTSE Developed Markets ETF $VEA

Alps Advisors Inc. reduced its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.7% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,341,636 shares of the company’s stock after selling 9,280 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for about 0.5% of Alps Advisors Inc.’s investment portfolio, making the stock its 23rd largest position. Alps Advisors Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $83,812,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Betterment LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 2.5% in 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 in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 6.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 61,886,335 shares of the company’s stock worth $3,866,039,000 after purchasing an additional 3,757,877 shares in the last quarter. Wealthfront Advisers LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.6% in the 4th 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. WealthNavi Inc. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.5% in the 4th 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. Finally, Northern Trust Corp boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 5.0% in the 3rd quarter. Northern Trust Corp now owns 48,969,182 shares of the company’s stock worth $2,934,233,000 after purchasing an additional 2,310,462 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 3.6%

VEA opened at $71.31 on Friday. The stock has a 50-day moving average price of $69.20 and a 200-day moving average price of $66.34. Vanguard FTSE Developed Markets ETF has a 12-month low of $54.63 and a 12-month high of $72.32. The stock has a market capitalization of $228.71 billion, a P/E ratio of 16.34 and a beta of 0.83.

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.