Advance Capital Management Inc. Boosts Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Advance Capital Management Inc. lifted its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 14.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,711 shares of the company’s stock after acquiring an additional 1,711 shares during the period. Advance Capital Management Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $656,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Creative Planning increased its holdings 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 worth $7,663,721,000 after buying an additional 5,341,481 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of 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 valued at $2,518,573,000 after purchasing an additional 2,402,484 shares in the last quarter. WealthNavi Inc. increased its position 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. LPL Financial LLC raised its holdings in 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 buying an additional 954,457 shares during the period. Finally, Mercer Global Advisors Inc. ADV lifted its position in Vanguard FTSE Developed Markets ETF by 10.6% during the second quarter. Mercer Global Advisors Inc. ADV now owns 19,366,592 shares of the company’s stock valued at $948,309,000 after buying an additional 1,860,937 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 1.0 %

Shares of VEA stock traded up $0.47 during mid-day trading on Monday, reaching $48.47. The company’s stock had a trading volume of 11,839,591 shares, compared to its average volume of 12,958,521. The firm has a market capitalization of $126.99 billion, a PE ratio of 13.32 and a beta of 0.88. The company’s 50 day simple moving average is $49.50 and its 200-day simple moving average is $50.41. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.91 and a 12-month high of $53.40.

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.