Cadence Bank Increases Stock Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Cadence Bank lifted its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 156,073 shares of the company’s stock after buying an additional 3,970 shares during the quarter. Cadence Bank’s holdings in Vanguard FTSE Developed Markets ETF were worth $8,242,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Creative Planning increased its position in Vanguard FTSE Developed Markets ETF by 3.8% during the third 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 period. Northwestern Mutual Wealth Management Co. grew its position in shares of Vanguard FTSE Developed Markets ETF by 4.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 50,962,305 shares of the company’s stock worth $2,518,573,000 after acquiring an additional 2,402,484 shares during the last quarter. WealthNavi Inc. increased its holdings in shares of 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 acquiring an additional 2,436,012 shares during the period. LPL Financial LLC raised its position in Vanguard FTSE Developed Markets ETF by 4.5% in the 3rd quarter. LPL Financial LLC now owns 22,283,298 shares of the company’s stock valued at $1,176,781,000 after purchasing an additional 954,457 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV boosted its stake in Vanguard FTSE Developed Markets ETF by 10.6% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 19,366,592 shares of the company’s stock worth $948,309,000 after purchasing an additional 1,860,937 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $49.44 on Wednesday. The company’s fifty day moving average is $51.00 and its two-hundred day moving average is $50.68. Vanguard FTSE Developed Markets ETF has a 1 year low of $45.65 and a 1 year high of $53.40. The company has a market capitalization of $129.53 billion, a P/E ratio of 13.32 and a beta of 0.88.

Vanguard FTSE Developed Markets ETF 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.