Kennebec Savings Bank Acquires Shares of 39,098 Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

by · The Markets Daily

Kennebec Savings Bank bought a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA – Free Report) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 39,098 shares of the company’s stock, valued at approximately $2,065,000. Vanguard FTSE Developed Markets ETF accounts for approximately 2.0% of Kennebec Savings Bank’s investment portfolio, making the stock its 7th largest holding.

Other hedge funds have also made changes to their positions in the company. Bangor Savings Bank boosted its stake in Vanguard FTSE Developed Markets ETF by 0.4% during the second quarter. Bangor Savings Bank now owns 51,300 shares of the company’s stock worth $2,535,000 after buying an additional 201 shares in the last quarter. Sunbelt Securities Inc. raised its position in shares of Vanguard FTSE Developed Markets ETF by 1.8% during the second quarter. Sunbelt Securities Inc. now owns 11,686 shares of the company’s stock worth $578,000 after acquiring an additional 205 shares during the last quarter. Patriot Financial Group Insurance Agency LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 0.3% in the third quarter. Patriot Financial Group Insurance Agency LLC now owns 65,927 shares of the company’s stock valued at $3,482,000 after buying an additional 205 shares during the period. Optimum Investment Advisors grew its stake in Vanguard FTSE Developed Markets ETF by 1.7% in the 3rd quarter. Optimum Investment Advisors now owns 12,644 shares of the company’s stock valued at $668,000 after buying an additional 207 shares during the last quarter. Finally, Olistico Wealth LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 13.9% in the third quarter. Olistico Wealth LLC now owns 1,708 shares of the company’s stock valued at $90,000 after purchasing an additional 208 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $50.25 on Monday. Vanguard FTSE Developed Markets ETF has a 52-week low of $43.29 and a 52-week high of $53.40. The firm has a 50-day moving average of $51.47 and a 200-day moving average of $50.66. The stock has a market cap of $131.66 billion, a PE ratio of 13.32 and a beta of 0.88.

Vanguard FTSE Developed Markets ETF Profile

(Free Report)

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.

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