Penobscot Wealth Management Has $25.78 Million Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Penobscot Wealth Management increased its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 538,199 shares of the company’s stock after acquiring an additional 19,133 shares during the period. Vanguard FTSE Developed Markets ETF comprises approximately 17.4% of Penobscot Wealth Management’s portfolio, making the stock its biggest holding. Penobscot Wealth Management’s holdings in Vanguard FTSE Developed Markets ETF were worth $25,780,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Wetzel Investment Advisors Inc. bought a new position in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at approximately $26,000. Versant Capital Management Inc bought a new position in Vanguard FTSE Developed Markets ETF during the fourth quarter valued at $29,000. First Command Advisory Services Inc. grew its holdings in Vanguard FTSE Developed Markets ETF by 81.3% during the fourth quarter. First Command Advisory Services Inc. now owns 689 shares of the company’s stock valued at $33,000 after purchasing an additional 309 shares during the period. Investment Research & Advisory Group Inc. grew its holdings in Vanguard FTSE Developed Markets ETF by 273.9% during the fourth quarter. Investment Research & Advisory Group Inc. now owns 703 shares of the company’s stock valued at $34,000 after purchasing an additional 515 shares during the period. Finally, Orion Capital Management LLC bought a new position in Vanguard FTSE Developed Markets ETF during the third quarter valued at $40,000.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA VEA traded down $0.19 on Thursday, hitting $48.54. 8,433,566 shares of the stock traded hands, compared to its average volume of 11,598,163. The business’s fifty day moving average is $49.21 and its two-hundred day moving average is $47.00. Vanguard FTSE Developed Markets ETF has a 12 month low of $41.48 and a 12 month high of $50.36. The firm has a market capitalization of $127.17 billion, a price-to-earnings ratio of 13.31 and a beta of 0.88.

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.