Midwest Trust Co Buys 104,650 Shares of Vanguard FTSE Developed Markets ETF $VEA

Midwest Trust Co increased its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 7.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,585,564 shares of the company’s stock after purchasing an additional 104,650 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for 1.2% of Midwest Trust Co’s portfolio, making the stock its 12th biggest holding. Midwest Trust Co’s holdings in Vanguard FTSE Developed Markets ETF were worth $99,050,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC grew its position in Vanguard FTSE Developed Markets ETF by 79.2% in the 4th quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock valued at $11,650,000 after purchasing an additional 107,649 shares during the period. Revolve Wealth Partners LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 47.3% during the fourth quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock worth $5,905,000 after buying an additional 39,653 shares during the last quarter. Capstone Wealth Management Group LLC acquired a new position in Vanguard FTSE Developed Markets ETF during the first quarter worth $209,000. Squarepoint Ops LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the second quarter valued at $7,001,000. Finally, Glenview Trust co lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 1.8% in the second quarter. Glenview Trust co now owns 16,992 shares of the company’s stock valued at $969,000 after buying an additional 297 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA:VEA opened at $70.83 on Friday. The firm has a 50-day moving average of $66.56 and a 200-day moving average of $64.62. The company has a market cap of $227.17 billion, a PE ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a one year low of $53.51 and a one year high of $71.12.

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.