Fifth Third Bancorp Cuts Stock Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Fifth Third Bancorp reduced its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,990,041 shares of the company’s stock after selling 88,044 shares during the quarter. Fifth Third Bancorp owned approximately 0.11% of Vanguard FTSE Developed Markets ETF worth $142,984,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Creative Planning raised its stake in shares of Vanguard FTSE Developed Markets ETF by 4.9% in the second quarter. Creative Planning now owns 139,777,262 shares of the company’s stock valued at $6,907,792,000 after buying an additional 6,565,775 shares during the period. WealthNavi Inc. lifted its holdings in Vanguard FTSE Developed Markets ETF by 5.6% during the 3rd quarter. WealthNavi Inc. now owns 46,095,601 shares of the company’s stock worth $2,434,309,000 after purchasing an additional 2,436,012 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake 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 purchasing an additional 2,402,484 shares during the period. International Assets Investment Management LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 5,209.5% during the 3rd quarter. International Assets Investment Management LLC now owns 1,895,439 shares of the company’s stock valued at $100,098,000 after buying an additional 1,859,740 shares in the last quarter. Finally, Cerity Partners LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 12.4% during the third quarter. Cerity Partners LLC now owns 15,432,650 shares of the company’s stock valued at $814,998,000 after buying an additional 1,700,587 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA VEA opened at $50.02 on Friday. The company’s 50 day simple moving average is $49.01 and its two-hundred day simple moving average is $50.28. The stock has a market capitalization of $131.05 billion, a PE ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 1 year low of $46.72 and a 1 year high of $53.40.

Vanguard FTSE Developed Markets ETF Company 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.