Bangor Savings Bank Raises Position in Vanguard FTSE Developed Markets ETF $VEA

Bangor Savings Bank raised its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.8% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 41,678 shares of the company’s stock after buying an additional 319 shares during the period. Bangor Savings Bank’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,376,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Kessler Investment Group LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the 1st quarter valued at approximately $26,000. von Borstel & Associates Inc. purchased a new position in Vanguard FTSE Developed Markets ETF in the 1st quarter valued at approximately $26,000. Financial Network Wealth Advisors LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the 1st quarter valued at approximately $26,000. Financial Gravity Asset Management Inc. purchased a new position in Vanguard FTSE Developed Markets ETF in the 1st quarter valued at approximately $28,000. Finally, Nemes Rush Group LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 236.5% during the 1st quarter. Nemes Rush Group LLC now owns 572 shares of the company’s stock worth $29,000 after purchasing an additional 402 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 0.4%

Vanguard FTSE Developed Markets ETF stock opened at $59.82 on Friday. The stock has a market cap of $171.87 billion, a P/E ratio of 16.34 and a beta of 0.89. The company has a fifty day simple moving average of $57.99 and a 200-day simple moving average of $54.85. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $60.09.

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.