Penobscot Wealth Management Buys 19,133 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Penobscot Wealth Management lifted its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 538,199 shares of the company’s stock after acquiring an additional 19,133 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for 17.4% of Penobscot Wealth Management’s investment portfolio, making the stock its largest position. Penobscot Wealth Management’s holdings in Vanguard FTSE Developed Markets ETF were worth $25,780,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the stock. Wetzel Investment Advisors Inc. acquired a new stake in Vanguard FTSE Developed Markets ETF during the 4th quarter worth approximately $26,000. Versant Capital Management Inc acquired a new stake in Vanguard FTSE Developed Markets ETF during the 4th quarter worth approximately $29,000. First Command Advisory Services Inc. lifted its holdings in Vanguard FTSE Developed Markets ETF by 81.3% during the 4th quarter. First Command Advisory Services Inc. now owns 689 shares of the company’s stock worth $33,000 after buying an additional 309 shares in the last quarter. Investment Research & Advisory Group Inc. lifted its holdings in Vanguard FTSE Developed Markets ETF by 273.9% during the 4th quarter. Investment Research & Advisory Group Inc. now owns 703 shares of the company’s stock worth $34,000 after buying an additional 515 shares in the last quarter. Finally, Albion Financial Group UT acquired a new stake in Vanguard FTSE Developed Markets ETF during the 4th quarter worth approximately $40,000.

Vanguard FTSE Developed Markets ETF Stock Down 0.4 %

Vanguard FTSE Developed Markets ETF stock traded down $0.19 during mid-day trading on Thursday, reaching $48.54. 8,433,566 shares of the company’s stock were exchanged, compared to its average volume of 11,598,163. The company has a market cap of $127.17 billion, a P/E ratio of 13.31 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a twelve month low of $41.48 and a twelve month high of $50.36. The company has a fifty day moving average of $49.21 and a 200-day moving average of $47.00.

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.