Portland Global Advisors LLC Boosts Stock Position in Vanguard FTSE Developed Markets ETF $VEA

Portland Global Advisors LLC raised its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 323,176 shares of the company’s stock after purchasing an additional 7,466 shares during the period. Vanguard FTSE Developed Markets ETF accounts for approximately 2.2% of Portland Global Advisors LLC’s investment portfolio, making the stock its 12th largest holding. Portland Global Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $20,189,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VEA. Buck Wealth Strategies LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 16.3% during the fourth quarter. Buck Wealth Strategies LLC now owns 364,560 shares of the company’s stock valued at $22,774,000 after acquiring an additional 51,187 shares in the last quarter. Chesley Taft & Associates LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 13.9% during the fourth quarter. Chesley Taft & Associates LLC now owns 331,150 shares of the company’s stock valued at $20,687,000 after acquiring an additional 40,482 shares in the last quarter. Eastern Bank increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.5% during the fourth quarter. Eastern Bank now owns 2,427,295 shares of the company’s stock valued at $151,633,000 after acquiring an additional 81,764 shares in the last quarter. Northeast Investment Management lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 10.8% during the third quarter. Northeast Investment Management now owns 419,287 shares of the company’s stock worth $25,124,000 after purchasing an additional 40,747 shares during the period. Finally, Battery Global Advisors LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 16.0% during the third quarter. Battery Global Advisors LLC now owns 367,254 shares of the company’s stock worth $22,006,000 after purchasing an additional 50,691 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Up 0.2%

Vanguard FTSE Developed Markets ETF stock opened at $71.77 on Friday. Vanguard FTSE Developed Markets ETF has a 52 week low of $54.63 and a 52 week high of $72.23. The company has a market capitalization of $230.19 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. The stock has a 50-day moving average price of $67.82 and a 200 day moving average price of $65.66.

About Vanguard FTSE Developed Markets ETF

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.