Washington Trust Bank Boosts Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Washington Trust Bank lifted its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 6.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,354 shares of the company’s stock after buying an additional 3,385 shares during the quarter. Washington Trust Bank’s holdings in Vanguard FTSE Developed Markets ETF were worth $3,029,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Transcendent Capital Group LLC boosted its position 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 purchasing an additional 256 shares in the last quarter. Triad Wealth Partners LLC purchased a new stake in Vanguard FTSE Developed Markets ETF during the second quarter worth $31,000. Spectrum Wealth Counsel LLC purchased a new stake in Vanguard FTSE Developed Markets ETF during the second quarter worth $33,000. Abich Financial Wealth Management LLC boosted its position in 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 worth $37,000 after purchasing an additional 713 shares in the last quarter. Finally, Fairscale Capital LLC purchased a new stake in Vanguard FTSE Developed Markets ETF during the second quarter worth $38,000.

Vanguard FTSE Developed Markets ETF Price Performance

VEA traded up $0.64 during trading on Thursday, reaching $50.80. 1,840,945 shares of the stock were exchanged, compared to its average volume of 9,455,251. The business’s 50 day moving average price is $51.54 and its two-hundred day moving average price is $50.63. The company has a market capitalization of $133.10 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 1 year low of $43.29 and a 1 year high of $53.40.

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.