Ballentine Partners LLC Acquires 285,576 Shares of Vanguard FTSE Developed Markets ETF $VEA

Ballentine Partners LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 6.0% during the third quarter, HoldingsChannel reports. The institutional investor owned 5,055,936 shares of the company’s stock after acquiring an additional 285,576 shares during the period. Vanguard FTSE Developed Markets ETF accounts for about 4.2% of Ballentine Partners LLC’s holdings, making the stock its 4th biggest holding. Ballentine Partners LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $302,952,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Princeton Global Asset Management LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 2.6% in the third quarter. Princeton Global Asset Management LLC now owns 6,718 shares of the company’s stock valued at $403,000 after buying an additional 168 shares during the last quarter. Smith Salley Wealth Management increased its position in shares of Vanguard FTSE Developed Markets ETF by 0.8% during the third quarter. Smith Salley Wealth Management now owns 20,096 shares of the company’s stock valued at $1,204,000 after acquiring an additional 168 shares during the last quarter. Armbruster Capital Management Inc. boosted its position in shares of Vanguard FTSE Developed Markets ETF by 0.3% during the third quarter. Armbruster Capital Management Inc. now owns 62,626 shares of the company’s stock worth $3,753,000 after buying an additional 169 shares during the period. Stanley Laman Group Ltd. lifted its position in shares of Vanguard FTSE Developed Markets ETF by 1.5% during the third quarter. Stanley Laman Group Ltd. now owns 11,455 shares of the company’s stock worth $686,000 after purchasing an additional 169 shares in the last quarter. Finally, PFG Investments LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 0.9% in the third quarter. PFG Investments LLC now owns 18,087 shares of the company’s stock worth $1,084,000 after acquiring an additional 170 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA stock opened at $67.16 on Wednesday. The company’s 50 day moving average price is $62.90 and its 200 day moving average price is $60.61. The firm has a market capitalization of $208.04 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.14 and a fifty-two week high of $67.27.

Vanguard FTSE Developed Markets ETF Company 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.