Bank of Montreal Can Has $52.23 Million Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Bank of Montreal Can cut its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 25.9% during the second quarter, Holdings Channel reports. The fund owned 1,031,039 shares of the company’s stock after selling 359,548 shares during the quarter. Bank of Montreal Can’s holdings in Vanguard FTSE Developed Markets ETF were worth $52,232,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the business. Strategic Financial Concepts LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 6,005.9% during the second quarter. Strategic Financial Concepts LLC now owns 8,308,691 shares of the company’s stock worth $410,616,000 after acquiring an additional 8,172,614 shares during the period. Morningstar Investment Services LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 97.1% in the 4th quarter. Morningstar Investment Services LLC now owns 12,663,672 shares of the company’s stock valued at $606,716,000 after buying an additional 6,238,875 shares in the last quarter. Pathstone Holdings LLC bought a new position in Vanguard FTSE Developed Markets ETF during the 4th quarter worth $238,242,000. Envestnet Asset Management Inc. lifted its holdings 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 worth $4,251,307,000 after buying an additional 3,279,281 shares in the last quarter. Finally, Cetera Investment Advisers boosted its position in shares of Vanguard FTSE Developed Markets ETF by 147.9% in the first quarter. Cetera Investment Advisers now owns 4,577,042 shares of the company’s stock valued at $229,630,000 after acquiring an additional 2,730,944 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA:VEA opened at $52.15 on Thursday. Vanguard FTSE Developed Markets ETF has a 52 week low of $41.48 and a 52 week high of $52.67. The firm’s 50-day simple moving average is $50.80 and its 200 day simple moving average is $50.21. The firm has a market cap of $136.63 billion, a price-to-earnings 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.