Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Stock Position Boosted by Ballentine Capital Advisors Inc

Ballentine Capital Advisors Inc raised its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.7% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 476,945 shares of the company’s stock after acquiring an additional 3,462 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up 12.6% of Ballentine Capital Advisors Inc’s investment portfolio, making the stock its 2nd biggest holding. Ballentine Capital Advisors Inc’s holdings in Vanguard FTSE Developed Markets ETF were worth $25,187,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 6,005.9% during the second quarter. Strategic Financial Concepts LLC now owns 8,308,691 shares of the company’s stock worth $410,616,000 after acquiring an additional 8,172,614 shares during the last quarter. Creative Planning lifted its position in 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 purchasing an additional 6,565,775 shares during the period. WealthNavi Inc. boosted its holdings in 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 valued at $2,434,309,000 after purchasing an additional 2,436,012 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in Vanguard FTSE Developed Markets ETF by 4.9% during 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. Finally, Mercer Global Advisors Inc. ADV grew its holdings 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 worth $948,309,000 after acquiring an additional 1,860,937 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Down 0.7 %

Shares of VEA opened at $50.25 on Wednesday. The firm’s 50-day moving average is $50.62 and its two-hundred day moving average is $50.65. The firm has a market capitalization of $131.64 billion, a P/E ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a twelve month low of $45.91 and a twelve 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.