First Bank & Trust Grows Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

First Bank & Trust boosted its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 862,533 shares of the company’s stock after purchasing an additional 3,902 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises about 8.6% of First Bank & Trust’s investment portfolio, making the stock its 2nd largest position. First Bank & Trust’s holdings in Vanguard FTSE Developed Markets ETF were worth $45,550,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in VEA. Transcendent Capital Group LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 101.2% during the second quarter. Transcendent Capital Group LLC now owns 509 shares of the company’s stock worth $25,000 after buying an additional 256 shares during the period. Triad Wealth Partners LLC purchased a new stake in Vanguard FTSE Developed Markets ETF in the 2nd quarter worth about $31,000. Spectrum Wealth Counsel LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the second quarter valued at approximately $33,000. Abich Financial Wealth Management LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 2,458.6% during the second quarter. Abich Financial Wealth Management LLC now owns 742 shares of the company’s stock valued at $37,000 after buying an additional 713 shares during the last quarter. Finally, Fairscale Capital LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter worth approximately $38,000.

Vanguard FTSE Developed Markets ETF Trading Down 0.3 %

Shares of VEA traded down $0.16 during trading hours on Friday, reaching $50.51. 6,463,326 shares of the company traded hands, compared to its average volume of 9,507,380. The firm has a market cap of $132.34 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. The stock’s fifty day moving average price is $51.76 and its 200 day moving average price is $50.51. Vanguard FTSE Developed Markets ETF has a 12-month low of $41.48 and a 12-month high of $53.40.

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.