Bangor Savings Bank Sells 11,160 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Bangor Savings Bank lowered its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 21.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 41,359 shares of the company’s stock after selling 11,160 shares during the period. Bangor Savings Bank’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,102,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Sellwood Investment Partners LLC acquired a new position in Vanguard FTSE Developed Markets ETF during the fourth quarter worth $26,000. Chapman Financial Group LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter worth about $29,000. Headlands Technologies LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 65.2% during the fourth quarter. Headlands Technologies LLC now owns 702 shares of the company’s stock worth $34,000 after acquiring an additional 277 shares in the last quarter. Dunhill Financial LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 80.6% in the 4th quarter. Dunhill Financial LLC now owns 715 shares of the company’s stock worth $34,000 after acquiring an additional 319 shares during the last quarter. Finally, Farmers & Merchants Trust Co of Chambersburg PA raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 44.2% in the 4th quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 777 shares of the company’s stock worth $37,000 after acquiring an additional 238 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA stock opened at $56.28 on Friday. The company has a market capitalization of $160.40 billion, a P/E ratio of 16.52 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 $56.37. The business has a 50-day simple moving average of $52.55 and a two-hundred day simple moving average of $50.99.

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.