Exchange Bank Raises Holdings in Vanguard FTSE Developed Markets ETF $VEA

Exchange Bank lifted its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 48.2% in the 2nd quarter, Holdings Channel reports. The fund owned 31,223 shares of the company’s stock after buying an additional 10,152 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for approximately 1.4% of Exchange Bank’s holdings, making the stock its 22nd largest position. Exchange Bank’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,225,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in VEA. Strategic Wealth Advisors LLC purchased a new stake in Vanguard FTSE Developed Markets ETF during the fourth quarter valued at about $35,000. Quaker Wealth Management LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 7,637.5% in the fourth quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock worth $39,000 after purchasing an additional 611 shares in the last quarter. Tidemark LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 80.9% in the fourth quarter. Tidemark LLC now owns 624 shares of the company’s stock worth $39,000 after purchasing an additional 279 shares in the last quarter. Strategic Advocates LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 66.1% in the fourth quarter. Strategic Advocates LLC now owns 623 shares of the company’s stock worth $39,000 after purchasing an additional 248 shares in the last quarter. Finally, Cornerstone Financial Management LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at approximately $39,000.

Vanguard FTSE Developed Markets ETF Trading Up 1.1%

Shares of VEA stock opened at $72.89 on Friday. The stock has a market capitalization of $236.16 billion, a P/E ratio of 16.34 and a beta of 0.83. The firm’s 50 day moving average is $70.89 and its 200 day moving average is $68.67. Vanguard FTSE Developed Markets ETF has a 12 month low of $57.72 and a 12 month high of $73.23.

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.