Arrowroot Family Office LLC Acquires 42,863 Shares of Vanguard FTSE Developed Markets ETF $VEA

Arrowroot Family Office LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 37.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 158,063 shares of the company’s stock after purchasing an additional 42,863 shares during the period. Vanguard FTSE Developed Markets ETF makes up about 3.6% of Arrowroot Family Office LLC’s holdings, making the stock its 4th biggest position. Arrowroot Family Office LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $9,874,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. 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 valued at $8,235,869,000 after purchasing an additional 3,364,345 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 6.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 61,886,335 shares of the company’s stock valued at $3,866,039,000 after acquiring an additional 3,757,877 shares in the last quarter. Wealthfront Advisers LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.6% during the 4th quarter. Wealthfront Advisers LLC now owns 58,685,582 shares of the company’s stock valued at $3,666,088,000 after acquiring an additional 375,614 shares in the last quarter. WealthNavi Inc. lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.5% during the 4th quarter. WealthNavi Inc. now owns 49,538,873 shares of the company’s stock valued at $3,094,693,000 after acquiring an additional 741,263 shares in the last quarter. Finally, Northern Trust Corp lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 5.0% during the 3rd quarter. Northern Trust Corp now owns 48,969,182 shares of the company’s stock valued at $2,934,233,000 after acquiring an additional 2,310,462 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 3.7%

NYSEARCA:VEA opened at $69.17 on Friday. The firm has a market capitalization of $221.85 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. The firm’s fifty day simple moving average is $68.61 and its 200 day simple moving average is $66.00. Vanguard FTSE Developed Markets ETF has a twelve month low of $54.63 and a twelve month high of $72.32.

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.