Parkworth Wealth Management Inc. Takes Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Parkworth Wealth Management Inc. purchased a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 19,946 shares of the company’s stock, valued at approximately $954,000. Vanguard FTSE Developed Markets ETF makes up 0.8% of Parkworth Wealth Management Inc.’s investment portfolio, making the stock its 27th largest holding.

A number of other large investors have also made changes to their positions in VEA. WealthNavi Inc. lifted its stake in Vanguard FTSE Developed Markets ETF by 7.2% during the fourth quarter. WealthNavi Inc. now owns 49,426,996 shares of the company’s stock worth $2,363,599,000 after purchasing an additional 3,331,395 shares in the last quarter. US Bancorp DE raised its stake in shares of Vanguard FTSE Developed Markets ETF by 56.6% in the fourth quarter. US Bancorp DE now owns 23,812,753 shares of the company’s stock valued at $1,138,726,000 after acquiring an additional 8,608,172 shares in the last quarter. LPL Financial LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 4.5% in the third quarter. LPL Financial LLC now owns 22,283,298 shares of the company’s stock valued at $1,176,781,000 after acquiring an additional 954,457 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of Vanguard FTSE Developed Markets ETF by 6.1% in the fourth quarter. Bank of New York Mellon Corp now owns 16,564,449 shares of the company’s stock valued at $792,112,000 after acquiring an additional 957,258 shares in the last quarter. Finally, Captrust Financial Advisors raised its stake in shares of Vanguard FTSE Developed Markets ETF by 7.2% in the third quarter. Captrust Financial Advisors now owns 16,431,983 shares of the company’s stock valued at $867,773,000 after acquiring an additional 1,103,351 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 0.3 %

Shares of NYSEARCA VEA opened at $51.23 on Wednesday. The stock has a market cap of $143.96 billion, a P/E ratio of 16.75 and a beta of 0.92. Vanguard FTSE Developed Markets ETF has a 12-month low of $46.80 and a 12-month high of $53.40. The business’s fifty day simple moving average is $50.08 and its 200-day simple moving average is $50.46.

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.