Raymond James Financial Inc. Acquires New Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Raymond James Financial Inc. acquired a new stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 11,776,526 shares of the company’s stock, valued at approximately $563,154,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. US Bancorp DE lifted its holdings in Vanguard FTSE Developed Markets ETF by 56.6% during the 4th quarter. US Bancorp DE now owns 23,812,753 shares of the company’s stock valued at $1,138,726,000 after buying an additional 8,608,172 shares in the last quarter. LPL Financial LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 4.5% during the 3rd 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 in the last quarter. Bank of New York Mellon Corp lifted its holdings in Vanguard FTSE Developed Markets ETF by 6.1% during the 4th quarter. Bank of New York Mellon Corp now owns 16,564,449 shares of the company’s stock valued at $792,112,000 after buying an additional 957,258 shares in the last quarter. Captrust Financial Advisors increased its position in Vanguard FTSE Developed Markets ETF by 7.2% during the 3rd quarter. Captrust Financial Advisors now owns 16,431,983 shares of the company’s stock valued at $867,773,000 after purchasing an additional 1,103,351 shares during the period. Finally, Cerity Partners LLC increased its position in Vanguard FTSE Developed Markets ETF by 12.4% during the 3rd quarter. Cerity Partners LLC now owns 15,432,650 shares of the company’s stock valued at $814,998,000 after purchasing an additional 1,700,587 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA VEA opened at $52.52 on Thursday. The company has a market capitalization of $147.58 billion, a price-to-earnings ratio of 16.75 and a beta of 0.92. The company’s 50-day simple moving average is $49.77 and its two-hundred day simple moving average is $50.46. Vanguard FTSE Developed Markets ETF has a one year low of $46.79 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.