Vanguard FTSE Developed Markets ETF $VEA Shares Purchased by Fifth Third Bancorp

Fifth Third Bancorp increased its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 59.8% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,103,764 shares of the company’s stock after buying an additional 1,910,615 shares during the quarter. Fifth Third Bancorp owned about 0.16% of Vanguard FTSE Developed Markets ETF worth $327,049,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cherry Creek Investment Advisors Inc. grew its position in shares of Vanguard FTSE Developed Markets ETF by 1.6% during the first quarter. Cherry Creek Investment Advisors Inc. now owns 9,836 shares of the company’s stock worth $630,000 after buying an additional 151 shares in the last quarter. Mascagni Wealth Management Inc. lifted its position in shares of Vanguard FTSE Developed Markets ETF by 2.1% during the fourth quarter. Mascagni Wealth Management Inc. now owns 7,231 shares of the company’s stock worth $452,000 after purchasing an additional 152 shares during the last quarter. TL Private Wealth grew its stake in Vanguard FTSE Developed Markets ETF by 1.7% in the fourth quarter. TL Private Wealth now owns 9,396 shares of the company’s stock worth $606,000 after purchasing an additional 155 shares in the last quarter. River Wealth Advisors LLC grew its stake in Vanguard FTSE Developed Markets ETF by 1.3% in the fourth quarter. River Wealth Advisors LLC now owns 12,143 shares of the company’s stock worth $759,000 after purchasing an additional 161 shares in the last quarter. Finally, Belpointe Asset Management LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 0.5% in the fourth quarter. Belpointe Asset Management LLC now owns 34,529 shares of the company’s stock valued at $2,157,000 after buying an additional 162 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.4%

NYSEARCA VEA traded up $0.26 on Friday, hitting $70.99. 12,686,380 shares of the stock traded hands, compared to its average volume of 16,395,793. The stock has a 50-day moving average of $70.80 and a 200 day moving average of $67.69. Vanguard FTSE Developed Markets ETF has a twelve month low of $55.68 and a twelve month high of $73.23. The company has a market capitalization of $230.00 billion, a P/E ratio of 16.34 and a beta of 0.83.

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.