Hanson & Doremus Investment Management Raises Position in Vanguard FTSE Developed Markets ETF $VEA
by Renee Jackson · The Cerbat GemHanson & Doremus Investment Management lifted its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA – Free Report) by 2.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 813,857 shares of the company’s stock after buying an additional 17,073 shares during the period. Vanguard FTSE Developed Markets ETF comprises about 6.1% of Hanson & Doremus Investment Management’s portfolio, making the stock its 3rd biggest holding. Hanson & Doremus Investment Management’s holdings in Vanguard FTSE Developed Markets ETF were worth $50,842,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also modified their holdings of the business. Nova Wealth Management Inc. grew its position in Vanguard FTSE Developed Markets ETF by 151.5% in the fourth quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock valued at $26,000 after acquiring an additional 253 shares during the last quarter. GGM Financials LLC acquired a new position in Vanguard FTSE Developed Markets ETF during the third quarter worth about $27,000. Ulland Investment Advisors LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 75.6% in the third quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after acquiring an additional 242 shares during the last quarter. Cloud Capital Management LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the 3rd quarter valued at approximately $37,000. Finally, Measured Wealth Private Client Group LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the 3rd quarter valued at approximately $51,000.
Vanguard FTSE Developed Markets ETF Stock Performance
Shares of Vanguard FTSE Developed Markets ETF stock opened at $64.64 on Friday. The firm’s 50 day moving average is $66.41 and its 200 day moving average is $63.33. The firm has a market capitalization of $204.18 billion, a PE ratio of 16.34 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a 1 year low of $45.14 and a 1 year high of $70.55.
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.