Alesco Advisors LLC Reduces Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Alesco Advisors LLC cut its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 912,963 shares of the company’s stock after selling 45,546 shares during the period. Vanguard FTSE Developed Markets ETF accounts for approximately 1.5% of Alesco Advisors LLC’s portfolio, making the stock its 16th largest holding. Alesco Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $48,214,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of VEA. Creative Planning raised its position in shares of Vanguard FTSE Developed Markets ETF by 3.8% in 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 in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake 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 worth $2,518,573,000 after buying an additional 2,402,484 shares in the last quarter. WealthNavi Inc. boosted its stake 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 purchasing an additional 2,436,012 shares in the last quarter. LPL Financial LLC grew its stake 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 buying an additional 954,457 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV grew its position 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 acquiring an additional 1,860,937 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA:VEA opened at $49.50 on Friday. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.65 and a fifty-two week high of $53.40. The business has a 50 day moving average price of $51.09 and a 200-day moving average price of $50.68. The firm has a market cap of $129.69 billion, a PE ratio of 13.32 and a beta of 0.88.

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.