Vanguard FTSE Developed Markets ETF $VEA Stock Position Boosted by Citizens Business Bank

Citizens Business Bank boosted its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 920,192 shares of the company’s stock after buying an additional 9,560 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up approximately 9.6% of Citizens Business Bank’s portfolio, making the stock its 2nd biggest position. Citizens Business Bank’s holdings in Vanguard FTSE Developed Markets ETF were worth $57,484,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Nova Wealth Management Inc. raised its stake in Vanguard FTSE Developed Markets ETF by 151.5% during the fourth quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock worth $26,000 after purchasing an additional 253 shares during the period. GGM Financials LLC purchased a new position in Vanguard FTSE Developed Markets ETF during the third quarter worth about $27,000. Ulland Investment Advisors LLC raised its stake in Vanguard FTSE Developed Markets ETF by 75.6% during the third quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after purchasing an additional 242 shares during the period. Cloud Capital Management LLC purchased a new position in Vanguard FTSE Developed Markets ETF during the third quarter worth about $37,000. Finally, Quaker Wealth Management LLC raised its stake in Vanguard FTSE Developed Markets ETF by 7,637.5% during the fourth quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock worth $39,000 after purchasing an additional 611 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA stock opened at $68.80 on Friday. The firm’s 50-day moving average is $66.53 and its two-hundred day moving average is $64.36. Vanguard FTSE Developed Markets ETF has a 12 month low of $52.58 and a 12 month high of $70.55. The company has a market capitalization of $220.66 billion, a PE ratio of 16.34 and a beta of 0.83.

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.