Mechanics Bank Trust Department Acquires 21,374 Shares of Vanguard FTSE Developed Markets ETF $VEA

Mechanics Bank Trust Department grew its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 57.8% during the second quarter, Holdings Channel reports. The firm owned 58,375 shares of the company’s stock after acquiring an additional 21,374 shares during the quarter. Mechanics Bank Trust Department’s holdings in Vanguard FTSE Developed Markets ETF were worth $4,159,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Buck Wealth Strategies LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 16.3% during the fourth quarter. Buck Wealth Strategies LLC now owns 364,560 shares of the company’s stock worth $22,774,000 after buying an additional 51,187 shares during the last quarter. Green Ridge Wealth Planning LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at $15,031,000. Root Financial Partners LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 27.1% during the fourth quarter. Root Financial Partners LLC now owns 97,303 shares of the company’s stock valued at $6,079,000 after buying an additional 20,769 shares during the last quarter. Verus Advisory Inc. acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter valued at about $9,561,000. Finally, Amara Financial LLC. increased its position in shares of Vanguard FTSE Developed Markets ETF by 15.7% during the fourth quarter. Amara Financial LLC. now owns 336,393 shares of the company’s stock worth $21,014,000 after acquiring an additional 45,737 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA:VEA opened at $72.35 on Thursday. Vanguard FTSE Developed Markets ETF has a one year low of $57.03 and a one year high of $73.23. The company has a market cap of $234.41 billion, a PE ratio of 16.34 and a beta of 0.83. The firm has a 50-day moving average of $70.86 and a 200-day moving average of $68.59.

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.