Vanguard FTSE Developed Markets ETF $VEA Position Boosted by Spinnaker Trust

Spinnaker Trust lifted its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 91.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 32,353 shares of the company’s stock after purchasing an additional 15,471 shares during the quarter. Spinnaker Trust’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,939,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Corient Private Wealth LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 122.9% during the second quarter. Corient Private Wealth LLC now owns 41,168,047 shares of the company’s stock worth $2,201,917,000 after acquiring an additional 22,700,179 shares in the last quarter. Gallagher Fiduciary Advisors LLC increased its position in Vanguard FTSE Developed Markets ETF by 5,002.6% in the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 11,901,177 shares of the company’s stock worth $678,486,000 after purchasing an additional 11,667,939 shares during the last quarter. Bank of America Corp DE raised its stake in shares of Vanguard FTSE Developed Markets ETF by 3.0% during the 2nd quarter. Bank of America Corp DE now owns 194,545,244 shares of the company’s stock worth $11,091,024,000 after purchasing an additional 5,747,233 shares in the last quarter. Gridiron Partners LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 16,333.2% during the 3rd quarter. Gridiron Partners LLC now owns 4,432,845 shares of the company’s stock valued at $265,616,000 after buying an additional 4,405,870 shares during the last quarter. Finally, Captrust Financial Advisors grew its stake in shares of Vanguard FTSE Developed Markets ETF by 20.9% in the 2nd quarter. Captrust Financial Advisors now owns 24,996,434 shares of the company’s stock valued at $1,425,044,000 after buying an additional 4,314,597 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA:VEA opened at $67.37 on Friday. The company has a market capitalization of $208.69 billion, a P/E ratio of 16.34 and a beta of 0.87. The stock’s 50 day moving average price is $63.90 and its 200 day moving average price is $61.10. Vanguard FTSE Developed Markets ETF has a 52 week low of $45.14 and a 52 week high of $67.46.

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.