MontVue Capital Management Inc. Increases Stock Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

MontVue Capital Management Inc. raised its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.1% in the third quarter, Holdings Channel.com reports. The firm owned 20,163 shares of the company’s stock after buying an additional 414 shares during the period. Vanguard FTSE Developed Markets ETF comprises 0.8% of MontVue Capital Management Inc.’s portfolio, making the stock its 25th largest holding. MontVue Capital Management Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,065,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of VEA. Creative Planning grew its position in shares of Vanguard FTSE Developed Markets ETF by 3.8% during the 3rd quarter. Creative Planning now owns 145,118,743 shares of the company’s stock valued at $7,663,721,000 after buying an additional 5,341,481 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 4.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 50,962,305 shares of the company’s stock valued at $2,518,573,000 after acquiring an additional 2,402,484 shares during the period. WealthNavi Inc. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 5.6% during the third quarter. WealthNavi Inc. now owns 46,095,601 shares of the company’s stock valued at $2,434,309,000 after acquiring an additional 2,436,012 shares during the period. LPL Financial LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 4.3% in the 2nd quarter. LPL Financial LLC now owns 21,328,841 shares of the company’s stock worth $1,054,071,000 after acquiring an additional 881,611 shares during the period. Finally, Mercer Global Advisors Inc. ADV lifted its position in Vanguard FTSE Developed Markets ETF by 10.6% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 19,366,592 shares of the company’s stock valued at $948,309,000 after purchasing an additional 1,860,937 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 1.5 %

NYSEARCA VEA opened at $50.92 on Friday. The company has a 50-day moving average price of $51.54 and a two-hundred day moving average price of $50.63. Vanguard FTSE Developed Markets ETF has a 52 week low of $43.29 and a 52 week high of $53.40. The stock has a market cap of $133.41 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88.

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.