Citizens Business Bank Lowers Position in Vanguard FTSE Developed Markets ETF $VEA

Citizens Business Bank lowered its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.1% in the first quarter, HoldingsChannel.com reports. The firm owned 910,316 shares of the company’s stock after selling 9,876 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises approximately 9.7% of Citizens Business Bank’s holdings, making the stock its 2nd biggest holding. Citizens Business Bank’s holdings in Vanguard FTSE Developed Markets ETF were worth $58,333,000 as of its most recent SEC filing.

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

Shares of VEA opened at $70.99 on Monday. The firm has a 50 day simple moving average of $70.80 and a two-hundred day simple moving average of $67.73. The company has a market cap of $230.00 billion, a P/E ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a one year low of $55.68 and a one year high of $73.23.

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.