Vanguard FTSE Developed Markets ETF $VEA Shares Sold by Kennebec Savings Bank

Kennebec Savings Bank cut its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 39,161 shares of the company’s stock after selling 355 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up approximately 2.2% of Kennebec Savings Bank’s portfolio, making the stock its 7th biggest position. Kennebec Savings Bank’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,233,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Kessler Investment Group LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the first quarter worth about $26,000. von Borstel & Associates Inc. acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the first quarter worth about $26,000. Financial Network Wealth Advisors LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the first quarter worth about $26,000. Financial Gravity Asset Management Inc. acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the first quarter worth about $28,000. Finally, Nemes Rush Group LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 236.5% during the first quarter. Nemes Rush Group LLC now owns 572 shares of the company’s stock worth $29,000 after buying an additional 402 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $60.37 on Thursday. The business has a 50-day simple moving average of $58.73 and a 200-day simple moving average of $55.57. The company has a market cap of $173.45 billion, a PE ratio of 16.34 and a beta of 0.89. Vanguard FTSE Developed Markets ETF has a one year low of $45.14 and a one year high of $60.51.

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.