Vanguard FTSE Developed Markets ETF $VEA is Eastern Bank’s 8th Largest Position

Eastern Bank raised its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.4% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,211,554 shares of the company’s stock after buying an additional 52,400 shares during the period. Vanguard FTSE Developed Markets ETF comprises about 2.4% of Eastern Bank’s investment portfolio, making the stock its 8th biggest holding. Eastern Bank owned approximately 0.08% of Vanguard FTSE Developed Markets ETF worth $126,081,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in VEA. Kessler Investment Group LLC bought a new position in Vanguard FTSE Developed Markets ETF in the 1st quarter worth $26,000. von Borstel & Associates Inc. bought a new position in Vanguard FTSE Developed Markets ETF in the 1st quarter worth $26,000. Financial Network Wealth Advisors LLC bought a new position in Vanguard FTSE Developed Markets ETF in the 1st quarter worth $26,000. Financial Gravity Asset Management Inc. bought a new position in Vanguard FTSE Developed Markets ETF in the 1st quarter worth $28,000. Finally, Nemes Rush Group LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 236.5% in the 1st quarter. Nemes Rush Group LLC now owns 572 shares of the company’s stock worth $29,000 after purchasing an additional 402 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $59.18 on Friday. The company has a 50-day moving average of $59.22 and a 200 day moving average of $55.95. The firm has a market cap of $176.33 billion, a price-to-earnings ratio of 16.34 and a beta of 0.89. Vanguard FTSE Developed Markets ETF has a 1 year low of $45.14 and a 1 year high of $61.32.

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.