Commerce Bank Reduces Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Commerce Bank lowered its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.9% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 1,247,708 shares of the company’s stock after selling 23,877 shares during the quarter. Commerce Bank’s holdings in Vanguard FTSE Developed Markets ETF were worth $65,891,000 as of its most recent SEC filing.

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

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA stock opened at $49.30 on Wednesday. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.37 and a fifty-two week high of $53.40. The company has a market capitalization of $129.17 billion, a P/E ratio of 13.32 and a beta of 0.88. The stock has a 50 day moving average price of $51.21 and a two-hundred day moving average price of $50.70.

About Vanguard FTSE Developed Markets ETF

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.