Bangor Savings Bank Reduces Position in Vanguard FTSE Developed Markets ETF $VEA

Bangor Savings Bank trimmed its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 21.4% in the third quarter, Holdings Channel.com reports. The institutional investor owned 31,508 shares of the company’s stock after selling 8,574 shares during the period. Bangor Savings Bank’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,225,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of VEA. Integrity Financial Corp WA raised its holdings in Vanguard FTSE Developed Markets ETF by 4.4% in the 2nd quarter. Integrity Financial Corp WA now owns 3,358 shares of the company’s stock worth $239,000 after acquiring an additional 143 shares during the period. Insight Wealth Strategies LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 2.8% in the second quarter. Insight Wealth Strategies LLC now owns 5,298 shares of the company’s stock valued at $373,000 after purchasing an additional 146 shares during the last quarter. JDM Financial Group LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 0.3% in the first quarter. JDM Financial Group LLC now owns 53,935 shares of the company’s stock valued at $3,456,000 after purchasing an additional 148 shares during the last quarter. Cherry Creek Investment Advisors Inc. increased its stake in shares of Vanguard FTSE Developed Markets ETF by 1.6% in the first quarter. Cherry Creek Investment Advisors Inc. now owns 9,836 shares of the company’s stock worth $630,000 after purchasing an additional 151 shares during the period. Finally, Lauterbach Financial Advisors LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 2.4% in the second quarter. Lauterbach Financial Advisors LLC now owns 6,529 shares of the company’s stock worth $465,000 after purchasing an additional 152 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA VEA traded down $0.02 during trading hours on Tuesday, hitting $71.11. 10,218,810 shares of the company’s stock were exchanged, compared to its average volume of 14,215,242. Vanguard FTSE Developed Markets ETF has a 1-year low of $58.88 and a 1-year high of $74.04. The stock has a market capitalization of $232.16 billion, a price-to-earnings ratio of 16.34 and a beta of 0.84. The company’s 50-day moving average price is $72.22 and its 200-day moving average price is $70.21.

Vanguard FTSE Developed Markets ETF 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.