Pillar Wealth Advisors LLC Increases Stock Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Pillar Wealth Advisors LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 134,658 shares of the company’s stock after purchasing an additional 2,268 shares during the period. Vanguard FTSE Developed Markets ETF accounts for 5.0% of Pillar Wealth Advisors LLC’s holdings, making the stock its 6th biggest position. Pillar Wealth Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $6,450,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Creative Planning increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.4% during the 3rd quarter. Creative Planning now owns 124,132,310 shares of the company’s stock worth $5,427,065,000 after acquiring an additional 1,726,718 shares during the last quarter. Betterment LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 2.6% during the 3rd quarter. Betterment LLC now owns 108,000,000 shares of the company’s stock worth $4,735,356,000 after acquiring an additional 2,711,916 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.8% during the 3rd quarter. Jones Financial Companies Lllp now owns 76,186,378 shares of the company’s stock worth $3,330,868,000 after acquiring an additional 1,341,616 shares during the last quarter. Morgan Stanley increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.7% during the 3rd quarter. Morgan Stanley now owns 54,759,270 shares of the company’s stock worth $2,394,075,000 after acquiring an additional 1,930,476 shares during the last quarter. Finally, WealthNavi Inc. increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 2.5% during the 4th quarter. WealthNavi Inc. now owns 40,170,244 shares of the company’s stock worth $1,924,155,000 after acquiring an additional 965,155 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA VEA traded down $0.69 on Tuesday, reaching $48.46. The stock had a trading volume of 10,082,491 shares, compared to its average volume of 11,509,882. The firm has a fifty day moving average of $49.26 and a two-hundred day moving average of $47.16. Vanguard FTSE Developed Markets ETF has a 1-year low of $41.48 and a 1-year high of $50.36. The company has a market cap of $126.97 billion, a P/E ratio of 13.31 and a beta of 0.88.

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.