Envestnet Portfolio Solutions Inc. Purchases 332,802 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Envestnet Portfolio Solutions Inc. grew its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.5% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 13,416,525 shares of the company’s stock after acquiring an additional 332,802 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for 2.5% of Envestnet Portfolio Solutions Inc.’s holdings, making the stock its 7th biggest position. Envestnet Portfolio Solutions Inc. owned approximately 0.51% of Vanguard FTSE Developed Markets ETF worth $673,107,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. Cerity Partners LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 63.5% in 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 during the last quarter. Morningstar Investment Services LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 97.1% during the 4th quarter. Morningstar Investment Services LLC now owns 12,663,672 shares of the company’s stock worth $606,716,000 after acquiring an additional 6,238,875 shares during the period. Pathstone Holdings LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter worth approximately $238,242,000. Envestnet Asset Management Inc. increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.8% in the fourth quarter. Envestnet Asset Management Inc. now owns 88,753,808 shares of the company’s stock valued at $4,251,307,000 after purchasing an additional 3,279,281 shares during the last quarter. Finally, US Bancorp DE raised its position in shares of Vanguard FTSE Developed Markets ETF by 21.7% in the fourth quarter. US Bancorp DE now owns 14,326,118 shares of the company’s stock valued at $686,221,000 after purchasing an additional 2,551,005 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA traded up $0.51 on Friday, reaching $51.50. The company had a trading volume of 6,814,874 shares, compared to its average volume of 10,495,912. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $41.48 and a fifty-two week high of $51.68. The stock has a market cap of $134.93 billion, a P/E ratio of 13.32 and a beta of 0.88. The company’s fifty day moving average is $50.26 and its 200 day moving average is $49.07.

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.