Moody National Bank Trust Division Grows Stock Position in Vanguard FTSE Developed Markets ETF $VEA

Moody National Bank Trust Division boosted its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 17.6% in the fourth quarter, HoldingsChannel reports. The firm owned 645,217 shares of the company’s stock after acquiring an additional 96,370 shares during the period. Vanguard FTSE Developed Markets ETF makes up 3.9% of Moody National Bank Trust Division’s portfolio, making the stock its 2nd biggest position. Moody National Bank Trust Division’s holdings in Vanguard FTSE Developed Markets ETF were worth $40,307,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of VEA. Brighton Jones LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 79.2% in the fourth quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock valued at $11,650,000 after buying an additional 107,649 shares during the last quarter. Revolve Wealth Partners LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 47.3% during the 4th quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock worth $5,905,000 after acquiring an additional 39,653 shares during the last quarter. Capstone Wealth Management Group LLC acquired a new stake in Vanguard FTSE Developed Markets ETF in the 1st quarter valued at about $209,000. Franklin Resources Inc. increased its position in Vanguard FTSE Developed Markets ETF by 7.9% in the 2nd quarter. Franklin Resources Inc. now owns 366,358 shares of the company’s stock valued at $20,886,000 after acquiring an additional 26,858 shares in the last quarter. Finally, Insigneo Advisory Services LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 10.0% in the second quarter. Insigneo Advisory Services LLC now owns 15,617 shares of the company’s stock worth $890,000 after acquiring an additional 1,414 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 0.8%

Shares of VEA stock opened at $63.15 on Wednesday. Vanguard FTSE Developed Markets ETF has a 1 year low of $45.14 and a 1 year high of $70.55. The firm’s 50 day moving average is $66.64 and its 200-day moving average is $63.16. The firm has a market capitalization of $195.61 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87.

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.