Vanguard FTSE Developed Markets ETF $VEA Shares Purchased by Penobscot Wealth Management

Penobscot Wealth Management increased its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 5.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 623,833 shares of the company’s stock after buying an additional 30,425 shares during the period. Vanguard FTSE Developed Markets ETF comprises 11.8% of Penobscot Wealth Management’s investment portfolio, making the stock its 3rd largest holding. Penobscot Wealth Management’s holdings in Vanguard FTSE Developed Markets ETF were worth $39,975,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in VEA. Nova Wealth Management Inc. grew its stake in shares of Vanguard FTSE Developed Markets ETF by 151.5% in the fourth quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock worth $26,000 after acquiring an additional 253 shares in the last quarter. GGM Financials LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the third quarter valued at $27,000. Ulland Investment Advisors LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 75.6% in the third quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock valued at $34,000 after acquiring an additional 242 shares in the last quarter. Strategic Wealth Advisors LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the fourth quarter valued at $35,000. Finally, Quaker Wealth Management LLC boosted its holdings in 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 valued at $39,000 after purchasing an additional 611 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

VEA opened at $71.16 on Friday. Vanguard FTSE Developed Markets ETF has a 12 month low of $55.68 and a 12 month high of $73.23. The stock has a market capitalization of $228.23 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. The business has a fifty day moving average price of $70.24 and a 200 day moving average price of $67.06.

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.