Vanguard FTSE Developed Markets ETF $VEA is 1ST Source Bank’s 8th Largest Position

1ST Source Bank lifted its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 5.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 600,665 shares of the company’s stock after purchasing an additional 33,039 shares during the period. Vanguard FTSE Developed Markets ETF accounts for about 2.0% of 1ST Source Bank’s holdings, making the stock its 8th biggest position. 1ST Source Bank’s holdings in Vanguard FTSE Developed Markets ETF were worth $38,491,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Avantax Planning Partners Inc. increased its position in shares of Vanguard FTSE Developed Markets ETF by 2.0% during the first quarter. Avantax Planning Partners Inc. now owns 46,159 shares of the company’s stock valued at $2,958,000 after acquiring an additional 916 shares during the last quarter. Summit Wealth Group LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 0.3% during the 1st quarter. Summit Wealth Group LLC now owns 301,247 shares of the company’s stock worth $19,304,000 after purchasing an additional 925 shares during the period. Calamos Wealth Management LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 11.4% in the 1st quarter. Calamos Wealth Management LLC now owns 8,109 shares of the company’s stock worth $520,000 after buying an additional 828 shares during the last quarter. Calamos Advisors LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter worth about $520,000. Finally, AMG National Trust Bank grew its position in Vanguard FTSE Developed Markets ETF by 23.2% during the first quarter. AMG National Trust Bank now owns 54,459 shares of the company’s stock valued at $3,490,000 after buying an additional 10,269 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Up 1.2%

VEA opened at $70.60 on Wednesday. The stock has a market cap of $228.74 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a twelve month low of $55.68 and a twelve month high of $73.23. The company’s 50-day moving average price is $70.85 and its two-hundred day moving average price is $67.83.

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.