Eastern Bank Cuts Stock Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Eastern Bank lowered its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,990,145 shares of the company’s stock after selling 75,619 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for 1.8% of Eastern Bank’s portfolio, making the stock its 12th largest position. Eastern Bank owned about 0.08% of Vanguard FTSE Developed Markets ETF worth $95,169,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VEA. Silver Lake Advisory LLC bought a new position in Vanguard FTSE Developed Markets ETF in the second quarter worth approximately $7,496,000. Ironwood Wealth Management LLC. raised its position in Vanguard FTSE Developed Markets ETF by 6.4% in the second quarter. Ironwood Wealth Management LLC. now owns 74,598 shares of the company’s stock worth $3,687,000 after acquiring an additional 4,474 shares during the period. Thoroughbred Financial Services LLC raised its position in Vanguard FTSE Developed Markets ETF by 7.3% in the second quarter. Thoroughbred Financial Services LLC now owns 46,854 shares of the company’s stock worth $2,315,000 after acquiring an additional 3,196 shares during the period. Seven Mile Advisory raised its position in Vanguard FTSE Developed Markets ETF by 6.6% in the second quarter. Seven Mile Advisory now owns 20,197 shares of the company’s stock worth $998,000 after acquiring an additional 1,253 shares during the period. Finally, Breakwater Investment Management raised its position in Vanguard FTSE Developed Markets ETF by 2.5% in the second quarter. Breakwater Investment Management now owns 19,245 shares of the company’s stock worth $951,000 after acquiring an additional 472 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Down 0.5 %

VEA traded down $0.22 during trading on Monday, hitting $47.31. The company’s stock had a trading volume of 12,887,705 shares, compared to its average volume of 12,556,193. Vanguard FTSE Developed Markets ETF has a one year low of $45.91 and a one year high of $53.40. The firm has a market cap of $123.95 billion, a PE ratio of 13.32 and a beta of 0.88. The business’s 50 day simple moving average is $49.27 and its 200-day simple moving average is $50.37.

About Vanguard FTSE Developed Markets ETF

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.