Wilbanks Smith & Thomas Asset Management LLC Acquires 1,486 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Wilbanks Smith & Thomas Asset Management LLC grew its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 70,986 shares of the company’s stock after acquiring an additional 1,486 shares during the period. Wilbanks Smith & Thomas Asset Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $3,400,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Wetzel Investment Advisors Inc. purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at $26,000. Versant Capital Management Inc bought a new position in Vanguard FTSE Developed Markets ETF during the 4th quarter valued at about $29,000. First Command Advisory Services Inc. raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 81.3% in the fourth quarter. First Command Advisory Services Inc. now owns 689 shares of the company’s stock worth $33,000 after buying an additional 309 shares during the period. Investment Research & Advisory Group Inc. boosted 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 valued at $34,000 after acquiring an additional 515 shares during the period. Finally, Orion Capital Management LLC bought a new position in Vanguard FTSE Developed Markets ETF in the 3rd quarter valued at $40,000.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA:VEA traded up $0.44 on Thursday, hitting $48.84. 2,851,995 shares of the company’s stock were exchanged, compared to its average volume of 11,412,663. The stock has a market capitalization of $127.96 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 12 month low of $41.48 and a 12 month high of $50.36. The business’s 50 day simple moving average is $49.26 and its two-hundred day simple moving average is $47.17.

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.