Birch Hill Investment Advisors LLC Buys 687 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Birch Hill Investment Advisors LLC grew its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 58,422 shares of the company’s stock after acquiring an additional 687 shares during the quarter. Birch Hill Investment Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,887,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Morningstar Investment Services LLC grew its position in Vanguard FTSE Developed Markets ETF by 97.1% during the 4th quarter. Morningstar Investment Services LLC now owns 12,663,672 shares of the company’s stock valued at $606,716,000 after purchasing an additional 6,238,875 shares during the last quarter. Pathstone Holdings LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter valued at approximately $238,242,000. Envestnet Asset Management Inc. increased its position in shares of Vanguard FTSE Developed Markets ETF by 3.8% during the fourth quarter. Envestnet Asset Management Inc. now owns 88,753,808 shares of the company’s stock valued at $4,251,307,000 after acquiring an additional 3,279,281 shares in the last quarter. Cetera Investment Advisers raised its holdings in Vanguard FTSE Developed Markets ETF by 147.9% in the 1st quarter. Cetera Investment Advisers now owns 4,577,042 shares of the company’s stock worth $229,630,000 after acquiring an additional 2,730,944 shares during the last quarter. Finally, US Bancorp DE raised its stake in shares of Vanguard FTSE Developed Markets ETF by 21.7% in the fourth quarter. US Bancorp DE now owns 14,326,118 shares of the company’s stock worth $686,221,000 after purchasing an additional 2,551,005 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.3 %

VEA opened at $52.39 on Friday. The stock has a market capitalization of $137.26 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a twelve month low of $41.48 and a twelve month high of $52.54. The firm has a 50 day moving average price of $50.32 and a 200-day moving average price of $49.84.

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.