Camden National Bank Increases Stake in Vanguard FTSE Developed Markets ETF $VEA

Camden National Bank raised its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 21.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 274,742 shares of the company’s stock after buying an additional 48,843 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for 2.4% of Camden National Bank’s investment portfolio, making the stock its 6th largest holding. Camden National Bank’s holdings in Vanguard FTSE Developed Markets ETF were worth $17,163,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. TL Private Wealth lifted 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 during the period. Belpointe Asset Management LLC raised its position in Vanguard FTSE Developed Markets ETF by 0.5% in the 4th quarter. Belpointe Asset Management LLC now owns 34,529 shares of the company’s stock valued at $2,157,000 after buying an additional 162 shares during the last quarter. Spire Wealth Management increased its position in shares of Vanguard FTSE Developed Markets ETF by 0.6% during the 4th quarter. Spire Wealth Management now owns 27,194 shares of the company’s stock valued at $1,699,000 after purchasing an additional 163 shares during the last quarter. Twelve Points Wealth Management LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 0.9% during the 4th quarter. Twelve Points Wealth Management LLC now owns 18,902 shares of the company’s stock valued at $1,220,000 after purchasing an additional 166 shares during the last quarter. Finally, Ramsay Stattman Vela & Price Inc. increased its position in shares of Vanguard FTSE Developed Markets ETF by 0.7% during the 3rd quarter. Ramsay Stattman Vela & Price Inc. now owns 24,548 shares of the company’s stock valued at $1,471,000 after purchasing an additional 170 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $71.87 on Tuesday. The firm has a market cap of $230.51 billion, a PE ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 1 year low of $54.63 and a 1 year high of $72.22. The stock has a fifty day moving average price of $67.97 and a 200-day moving average price of $65.76.

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.