Vanguard FTSE Developed Markets ETF $VEA Position Raised by Eastern Bank

Eastern Bank grew its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,427,295 shares of the company’s stock after purchasing an additional 81,764 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up 2.6% of Eastern Bank’s investment portfolio, making the stock its 8th largest position. Eastern Bank’s holdings in Vanguard FTSE Developed Markets ETF were worth $151,633,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of VEA. TL Private Wealth raised its stake in Vanguard FTSE Developed Markets ETF by 1.7% in the fourth quarter. TL Private Wealth now owns 9,396 shares of the company’s stock valued at $606,000 after buying an additional 155 shares in the last quarter. Princeton Global Asset Management LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 2.6% during the 3rd quarter. Princeton Global Asset Management LLC now owns 6,718 shares of the company’s stock worth $403,000 after buying an additional 168 shares during the last quarter. Smith Salley Wealth Management boosted its position in shares of Vanguard FTSE Developed Markets ETF by 0.8% during the 3rd quarter. Smith Salley Wealth Management now owns 20,096 shares of the company’s stock worth $1,204,000 after acquiring an additional 168 shares in the last quarter. Armbruster Capital Management Inc. increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.3% in the 3rd quarter. Armbruster Capital Management Inc. now owns 62,626 shares of the company’s stock valued at $3,753,000 after acquiring an additional 169 shares during the last quarter. Finally, Stanley Laman Group Ltd. increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.5% in the 3rd quarter. Stanley Laman Group Ltd. now owns 11,455 shares of the company’s stock valued at $686,000 after acquiring an additional 169 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA VEA opened at $62.05 on Friday. The stock’s 50-day simple moving average is $66.52 and its 200-day simple moving average is $63.20. The firm has a market capitalization of $192.21 billion, a PE 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 $70.55.

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.