Vanguard FTSE Developed Markets ETF $VEA Holdings Lessened by Adirondack Trust Co.

Adirondack Trust Co. lowered its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 48.2% in the 3rd quarter, HoldingsChannel reports. The fund owned 16,557 shares of the company’s stock after selling 15,405 shares during the period. Adirondack Trust Co.’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,169,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Green Ridge Wealth Planning LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter valued at approximately $15,031,000. Pathway Financial Advisors LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 44.9% during the third quarter. Pathway Financial Advisors LLC now owns 70,764 shares of the company’s stock valued at $4,997,000 after buying an additional 21,916 shares during the last quarter. Verus Advisory Inc. bought a new position in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter valued at approximately $9,561,000. Moody National Bank Trust Division raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 7.9% in the third quarter. Moody National Bank Trust Division now owns 1,176,580 shares of the company’s stock worth $83,078,000 after buying an additional 86,572 shares during the period. Finally, Bayban purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter worth approximately $3,050,000.

Vanguard FTSE Developed Markets ETF Trading Down 1.2%

Shares of VEA stock traded down $0.82 on Wednesday, reaching $69.24. 6,119,859 shares of the company’s stock were exchanged, compared to its average volume of 14,051,413. Vanguard FTSE Developed Markets ETF has a 52 week low of $58.88 and a 52 week high of $74.04. The stock has a market capitalization of $227.04 billion, a PE ratio of 16.34 and a beta of 0.84. The company’s fifty day simple moving average is $72.18 and its 200 day simple moving average is $70.49.

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.