Retirement Systems of Alabama Boosts Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Retirement Systems of Alabama grew its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 6.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 24,535 shares of the company’s stock after buying an additional 1,427 shares during the quarter. Retirement Systems of Alabama’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,175,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in VEA. Mackenzie Financial Corp increased its position in shares of Vanguard FTSE Developed Markets ETF by 2.2% in the third quarter. Mackenzie Financial Corp now owns 165,500 shares of the company’s stock valued at $7,034,000 after buying an additional 3,611 shares in the last quarter. TD Asset Management Inc increased its position in shares of Vanguard FTSE Developed Markets ETF by 8.1% in the third quarter. TD Asset Management Inc now owns 372,356 shares of the company’s stock valued at $16,279,000 after buying an additional 27,924 shares in the last quarter. ING Groep NV increased its position in shares of Vanguard FTSE Developed Markets ETF by 12.9% in the third quarter. ING Groep NV now owns 4,090 shares of the company’s stock valued at $179,000 after buying an additional 468 shares in the last quarter. First Horizon Advisors Inc. increased its position in shares of Vanguard FTSE Developed Markets ETF by 1.9% during the third quarter. First Horizon Advisors Inc. now owns 414,518 shares of the company’s stock worth $18,123,000 after purchasing an additional 7,601 shares in the last quarter. Finally, SYM FINANCIAL Corp increased its position in shares of Vanguard FTSE Developed Markets ETF by 13.4% during the third quarter. SYM FINANCIAL Corp now owns 15,013 shares of the company’s stock worth $656,000 after purchasing an additional 1,775 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA opened at $49.98 on Thursday. Vanguard FTSE Developed Markets ETF has a one year low of $41.48 and a one year high of $50.36. The stock has a market capitalization of $130.95 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. The stock has a 50 day moving average price of $49.33 and a 200 day moving average price of $47.39.

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.