Bank of Marin Lowers Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Bank of Marin trimmed its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 6.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,375 shares of the company’s stock after selling 527 shares during the quarter. Bank of Marin’s holdings in Vanguard FTSE Developed Markets ETF were worth $389,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the business. Transcendent Capital Group LLC raised its stake in Vanguard FTSE Developed Markets ETF by 101.2% in the second quarter. Transcendent Capital Group LLC now owns 509 shares of the company’s stock valued at $25,000 after purchasing an additional 256 shares in the last quarter. Triad Wealth Partners LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter worth $31,000. Lummis Asset Management LP purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the 3rd quarter valued at $34,000. Spectrum Wealth Counsel LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter worth $33,000. Finally, Abich Financial Wealth Management LLC grew its position in Vanguard FTSE Developed Markets ETF by 2,458.6% in the second quarter. Abich Financial Wealth Management LLC now owns 742 shares of the company’s stock worth $37,000 after acquiring an additional 713 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA traded down $0.05 during trading on Friday, reaching $49.12. The stock had a trading volume of 917,765 shares, compared to its average volume of 9,529,620. The business has a 50-day moving average of $51.30 and a 200-day moving average of $50.67. Vanguard FTSE Developed Markets ETF has a one year low of $44.81 and a one year high of $53.40. The stock has a market cap of $128.69 billion, a PE ratio of 13.32 and a beta of 0.88.

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.