Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) is McCutchen Group LLC’s Largest Position

McCutchen Group LLC increased its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.1% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,627,962 shares of the company’s stock after acquiring an additional 64,830 shares during the period. Vanguard FTSE Developed Markets ETF comprises approximately 20.9% of McCutchen Group LLC’s holdings, making the stock its largest position. McCutchen Group LLC owned approximately 0.09% of Vanguard FTSE Developed Markets ETF worth $67,902,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Valmark Advisers Inc. raised its stake in Vanguard FTSE Developed Markets ETF by 12,691.1% during the 1st quarter. Valmark Advisers Inc. now owns 11,827,958 shares of the company’s stock valued at $483,409,000 after buying an additional 11,735,488 shares during the last quarter. Wealthfront Advisers LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 43.2% in the 1st quarter. Wealthfront Advisers LLC now owns 36,141,145 shares of the company’s stock worth $1,477,089,000 after purchasing an additional 10,896,676 shares in the last quarter. Milliman Financial Risk Management LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 46.3% in the 1st quarter. Milliman Financial Risk Management LLC now owns 31,324,223 shares of the company’s stock worth $1,280,221,000 after purchasing an additional 9,917,488 shares in the last quarter. WealthNavi Inc. purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter worth $363,687,000. Finally, Betterment LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 5.9% in the 1st quarter. Betterment LLC now owns 69,157,157 shares of the company’s stock worth $2,826,453,000 after purchasing an additional 3,824,768 shares in the last quarter.

Shares of NYSEARCA:VEA traded down $0.91 during midday trading on Monday, hitting $39.47. The company had a trading volume of 4,413,906 shares, compared to its average volume of 9,698,662. Vanguard FTSE Developed Markets ETF has a 12-month low of $35.74 and a 12-month high of $43.99. The business has a fifty day simple moving average of $41.51.

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Institutional Ownership by Quarter for Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

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