Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) is First Western Trust Bank’s 7th Largest Position

First Western Trust Bank lowered its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 726,399 shares of the company’s stock after selling 18,649 shares during the period. Vanguard FTSE Developed Markets ETF makes up approximately 1.7% of First Western Trust Bank’s portfolio, making the stock its 7th biggest holding. First Western Trust Bank’s holdings in Vanguard FTSE Developed Markets ETF were worth $35,899,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Heritage Wealth Advisors raised its holdings in Vanguard FTSE Developed Markets ETF by 2,021.7% in the fourth quarter. Heritage Wealth Advisors now owns 9,696 shares of the company’s stock valued at $464,000 after buying an additional 9,239 shares during the period. Private Wealth Management Group LLC acquired a new stake in Vanguard FTSE Developed Markets ETF in the 4th quarter valued at $2,371,000. SWP Financial LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the fourth quarter valued at about $5,143,000. Insight 2811 Inc. lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 7.6% during the fourth quarter. Insight 2811 Inc. now owns 16,288 shares of the company’s stock worth $780,000 after purchasing an additional 1,147 shares in the last quarter. Finally, Richard W. Paul & Associates LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 5.8% in the second quarter. Richard W. Paul & Associates LLC now owns 16,900 shares of the company’s stock worth $835,000 after buying an additional 924 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA:VEA opened at $51.36 on Friday. The business’s 50-day simple moving average is $50.49 and its 200 day simple moving average is $49.95. The company has a market cap of $134.56 billion, a P/E ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a one year low of $41.48 and a one year high of $52.54.

Vanguard FTSE Developed Markets ETF Company 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.