Petredis Investment Advisors LLC Has $13.86 Million Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Petredis Investment Advisors LLC increased its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 8.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 289,776 shares of the company’s stock after buying an additional 21,660 shares during the period. Vanguard FTSE Developed Markets ETF makes up 1.4% of Petredis Investment Advisors LLC’s holdings, making the stock its 17th largest holding. Petredis Investment Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $13,857,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. 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 valued at $7,663,721,000 after buying an additional 5,341,481 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased 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 valued at $2,518,573,000 after acquiring an additional 2,402,484 shares during the last quarter. WealthNavi Inc. increased its stake in Vanguard FTSE Developed Markets ETF by 5.6% in the third 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 last quarter. LPL Financial LLC increased its stake in Vanguard FTSE Developed Markets ETF by 4.5% in 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 increased its stake in Vanguard FTSE Developed Markets ETF by 7.2% in the third 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 last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA:VEA opened at $50.02 on Friday. The company’s 50 day simple moving average is $49.01 and its 200 day simple moving average is $50.28. The stock has a market capitalization of $131.05 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 1 year low of $46.72 and a 1 year high of $53.40.

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.