Ferguson Wellman Capital Management Inc. Purchases Shares of 206,062 Vanguard FTSE Developed Markets ETF $VEA

Ferguson Wellman Capital Management Inc. purchased a new stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the 1st quarter, Holdings Channel.com reports. The fund purchased 206,062 shares of the company’s stock, valued at approximately $13,204,000.

A number of other hedge funds also recently modified their holdings of the business. Capital Squared Financial LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 23.2% in the first quarter. Capital Squared Financial LLC now owns 15,351 shares of the company’s stock worth $984,000 after purchasing an additional 2,892 shares during the last quarter. Citizens Financial Group Inc. RI raised its position in Vanguard FTSE Developed Markets ETF by 15.9% during the 1st quarter. Citizens Financial Group Inc. RI now owns 2,017,148 shares of the company’s stock worth $129,259,000 after purchasing an additional 276,413 shares during the last quarter. Midwest Trust Co lifted its holdings in Vanguard FTSE Developed Markets ETF by 2.7% during the 1st quarter. Midwest Trust Co now owns 1,629,166 shares of the company’s stock worth $104,397,000 after buying an additional 43,602 shares during the period. Fifth Third Bancorp lifted its holdings in Vanguard FTSE Developed Markets ETF by 59.8% during the 1st quarter. Fifth Third Bancorp now owns 5,103,764 shares of the company’s stock worth $327,049,000 after buying an additional 1,910,615 shares during the period. Finally, Sovran Advisors LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 4.3% during the 1st quarter. Sovran Advisors LLC now owns 106,243 shares of the company’s stock worth $7,310,000 after buying an additional 4,364 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Up 0.4%

Shares of NYSEARCA VEA traded up $0.26 during trading on Friday, reaching $70.99. The company had a trading volume of 12,686,380 shares, compared to its average volume of 16,395,793. The stock has a market cap of $230.00 billion, a P/E ratio of 16.34 and a beta of 0.83. The company’s fifty day moving average price is $70.80 and its 200-day moving average price is $67.69. Vanguard FTSE Developed Markets ETF has a 12 month low of $55.68 and a 12 month high of $73.23.

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.