First Financial Bankshares Inc Boosts Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

First Financial Bankshares Inc lifted its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.4% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,128,993 shares of the company’s stock after buying an additional 29,505 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises 2.4% of First Financial Bankshares Inc’s portfolio, making the stock its 9th biggest holding. First Financial Bankshares Inc’s holdings in Vanguard FTSE Developed Markets ETF were worth $112,432,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Motiv8 Investments LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 2.7% in the third quarter. Motiv8 Investments LLC now owns 18,853 shares of the company’s stock worth $996,000 after buying an additional 501 shares during the period. Richardson Financial Services Inc. raised its stake in shares of Vanguard FTSE Developed Markets ETF by 101.8% in the third quarter. Richardson Financial Services Inc. now owns 90,138 shares of the company’s stock worth $4,609,000 after buying an additional 45,474 shares during the period. Sterling Investment Advisors Ltd. bought a new stake in Vanguard FTSE Developed Markets ETF during the 3rd quarter valued at approximately $274,000. J.W. Cole Advisors Inc. raised its stake in Vanguard FTSE Developed Markets ETF by 6.6% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 421,369 shares of the company’s stock valued at $22,253,000 after purchasing an additional 26,110 shares during the period. Finally, Smith Salley Wealth Management raised its stake in Vanguard FTSE Developed Markets ETF by 3.6% during the 3rd quarter. Smith Salley Wealth Management now owns 21,000 shares of the company’s stock valued at $1,109,000 after purchasing an additional 732 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Down 0.3 %

VEA traded down $0.16 on Friday, hitting $50.51. 6,463,326 shares of the company’s stock traded hands, compared to its average volume of 9,507,380. The company’s 50 day simple moving average is $51.76 and its 200-day simple moving average is $50.52. The firm has a market cap of $132.34 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a one year low of $41.48 and a one year high of $53.40.

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.