Bayban Makes New Investment in Vanguard FTSE Developed Markets ETF $VEA

Bayban bought a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 48,821 shares of the company’s stock, valued at approximately $3,050,000. Vanguard FTSE Developed Markets ETF comprises 2.7% of Bayban’s holdings, making the stock its 7th biggest position.

Other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 79.2% in the fourth quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock valued at $11,650,000 after buying an additional 107,649 shares in the last quarter. Revolve Wealth Partners LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 47.3% during the 4th quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock valued at $5,905,000 after acquiring an additional 39,653 shares during the period. Capstone Wealth Management Group LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the 1st quarter worth approximately $209,000. Squarepoint Ops LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter worth approximately $7,001,000. Finally, Glenview Trust co grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.8% in the 2nd quarter. Glenview Trust co now owns 16,992 shares of the company’s stock worth $969,000 after acquiring an additional 297 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA VEA opened at $72.31 on Friday. Vanguard FTSE Developed Markets ETF has a 1-year low of $54.63 and a 1-year high of $73.23. The company has a market capitalization of $231.92 billion, a P/E ratio of 16.34 and a beta of 0.83. The business has a 50 day moving average price of $70.01 and a 200 day moving average price of $66.77.

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.