Bridgewater Advisors Inc. Decreases Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Bridgewater Advisors Inc. lessened its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 14.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 27,115 shares of the company’s stock after selling 4,487 shares during the quarter. Bridgewater Advisors Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,299,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the company. TIAA Trust National Association purchased a new stake in Vanguard FTSE Developed Markets ETF during the 3rd quarter worth about $1,032,460,000. Charles Schwab Investment Management Inc. lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 82.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 37,076,231 shares of the company’s stock worth $1,620,973,000 after buying an additional 16,797,788 shares in the last quarter. Envestnet Portfolio Solutions Inc. bought a new position in shares of Vanguard FTSE Developed Markets ETF in the third quarter valued at approximately $569,628,000. Cerity Partners LLC grew its stake in Vanguard FTSE Developed Markets ETF by 63.5% during the fourth quarter. Cerity Partners LLC now owns 18,972,495 shares of the company’s stock valued at $908,783,000 after acquiring an additional 7,370,621 shares in the last quarter. Finally, Betterment LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 2.6% during the 3rd quarter. Betterment LLC now owns 108,000,000 shares of the company’s stock worth $4,735,356,000 after acquiring an additional 2,711,916 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA VEA traded down $0.69 on Tuesday, hitting $48.46. The stock had a trading volume of 10,082,491 shares, compared to its average volume of 11,509,882. The firm has a 50-day moving average of $49.25 and a 200-day moving average of $47.12. The company has a market capitalization of $126.97 billion, a price-to-earnings ratio of 13.31 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 52-week low of $41.48 and a 52-week high of $50.36.

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.