Adirondack Trust Co. Boosts Stock Holdings in Vanguard FTSE Developed Markets ETF $VEA

Adirondack Trust Co. raised its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 129.3% in the fourth quarter, Holdings Channel.com reports. The fund owned 19,259 shares of the company’s stock after acquiring an additional 10,861 shares during the quarter. Adirondack Trust Co.’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,203,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bank of America Corp DE increased its position in shares of Vanguard FTSE Developed Markets ETF by 3.0% during the second quarter. Bank of America Corp DE now owns 194,545,244 shares of the company’s stock worth $11,091,024,000 after purchasing an additional 5,747,233 shares in the last quarter. Betterment LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 2.5% in the 3rd quarter. Betterment LLC now owns 137,447,739 shares of the company’s stock valued at $8,235,869,000 after purchasing an additional 3,364,345 shares in the last quarter. Wealthfront Advisers LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 3.1% during the 3rd quarter. Wealthfront Advisers LLC now owns 58,309,968 shares of the company’s stock worth $3,493,933,000 after purchasing an additional 1,755,210 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Vanguard FTSE Developed Markets ETF by 5.6% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 58,128,458 shares of the company’s stock worth $3,483,057,000 after purchasing an additional 3,076,786 shares during the last quarter. Finally, Jones Financial Companies Lllp grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.6% during the third quarter. Jones Financial Companies Lllp now owns 51,311,775 shares of the company’s stock worth $3,049,419,000 after buying an additional 1,794,331 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Down 3.3%

Shares of NYSEARCA VEA opened at $62.04 on Monday. The firm has a 50-day simple moving average of $66.70 and a 200-day simple moving average of $63.09. The stock has a market capitalization of $192.18 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a 52 week low of $45.14 and a 52 week high of $70.55.

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.