Grove Bank & Trust Boosts Stake in Vanguard FTSE Developed Markets ETF $VEA

Grove Bank & Trust grew its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 6.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 181,706 shares of the company’s stock after acquiring an additional 11,678 shares during the period. Vanguard FTSE Developed Markets ETF comprises about 1.3% of Grove Bank & Trust’s investment portfolio, making the stock its 18th biggest holding. Grove Bank & Trust’s holdings in Vanguard FTSE Developed Markets ETF were worth $12,947,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of VEA. Strategic Wealth Advisors LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the fourth quarter valued at about $35,000. Quaker Wealth Management LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 7,637.5% during the 4th quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock worth $39,000 after purchasing an additional 611 shares during the last quarter. Tidemark LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 80.9% during the 4th quarter. Tidemark LLC now owns 624 shares of the company’s stock worth $39,000 after purchasing an additional 279 shares during the last quarter. Strategic Advocates LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 66.1% during the 4th quarter. Strategic Advocates LLC now owns 623 shares of the company’s stock worth $39,000 after purchasing an additional 248 shares during the last quarter. Finally, Cornerstone Financial Management LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter valued at approximately $39,000.

Vanguard FTSE Developed Markets ETF Trading Up 1.7%

Vanguard FTSE Developed Markets ETF stock opened at $72.22 on Wednesday. The stock has a market cap of $233.99 billion, a P/E ratio of 16.34 and a beta of 0.83. The stock has a 50 day moving average of $70.84 and a 200-day moving average of $68.54. Vanguard FTSE Developed Markets ETF has a 52 week low of $56.69 and a 52 week 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.