Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Shares Purchased by Sterling Investment Management LLC

Sterling Investment Management LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 48.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 26,168 shares of the company’s stock after purchasing an additional 8,552 shares during the quarter. Sterling Investment Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,251,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Creative Planning raised its position 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 valued at $7,663,721,000 after buying 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 second quarter. Northwestern Mutual Wealth Management Co. now owns 50,962,305 shares of the company’s stock valued at $2,518,573,000 after buying an additional 2,402,484 shares during the last quarter. WealthNavi Inc. boosted its stake in Vanguard FTSE Developed Markets ETF by 5.6% during the third quarter. WealthNavi Inc. now owns 46,095,601 shares of the company’s stock worth $2,434,309,000 after buying an additional 2,436,012 shares during the period. LPL Financial LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 4.5% during the third quarter. LPL Financial LLC now owns 22,283,298 shares of the company’s stock valued at $1,176,781,000 after acquiring an additional 954,457 shares during the last quarter. Finally, Captrust Financial Advisors raised its stake in shares of Vanguard FTSE Developed Markets ETF by 7.2% in the 3rd quarter. Captrust Financial Advisors now owns 16,431,983 shares of the company’s stock valued at $867,773,000 after acquiring an additional 1,103,351 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA stock opened at $49.51 on Wednesday. The firm has a market cap of $129.72 billion, a P/E ratio of 13.32 and a beta of 0.88. The firm’s 50 day moving average price is $48.99 and its 200-day moving average price is $50.30. Vanguard FTSE Developed Markets ETF has a one year low of $46.60 and a one year 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.