Ballentine Partners LLC Grows Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Ballentine Partners LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.5% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,253,182 shares of the company’s stock after purchasing an additional 19,370 shares during the period. Vanguard FTSE Developed Markets ETF accounts for approximately 3.9% of Ballentine Partners LLC’s holdings, making the stock its 6th largest holding. Ballentine Partners LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $210,192,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of VEA. Koss Olinger Consulting LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the 2nd quarter worth $498,000. Caprock Group LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 10.8% during the second quarter. Caprock Group LLC now owns 323,866 shares of the company’s stock worth $16,005,000 after purchasing an additional 31,576 shares during the period. Orca Investment Management LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter valued at about $425,000. Asset Dedication LLC increased its stake in Vanguard FTSE Developed Markets ETF by 1.5% during the 2nd quarter. Asset Dedication LLC now owns 40,996 shares of the company’s stock worth $2,026,000 after purchasing an additional 602 shares in the last quarter. Finally, Chris Bulman Inc acquired a new stake in Vanguard FTSE Developed Markets ETF during the 2nd quarter worth approximately $2,205,000.

Vanguard FTSE Developed Markets ETF Trading Down 1.9 %

Shares of VEA stock traded down $0.96 during trading hours on Friday, hitting $50.37. 8,885,253 shares of the company were exchanged, compared to its average volume of 9,860,507. Vanguard FTSE Developed Markets ETF has a 52 week low of $41.48 and a 52 week high of $52.54. The business has a 50 day moving average of $50.51 and a two-hundred day moving average of $49.98. The company has a market capitalization of $131.97 billion, a PE ratio of 13.32 and a beta of 0.88.

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.