FineMark National Bank & Trust Acquires 2,956 Shares of Vanguard FTSE Developed Markets ETF $VEA

FineMark National Bank & Trust boosted its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 7.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 41,294 shares of the company’s stock after purchasing an additional 2,956 shares during the period. FineMark National Bank & Trust’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,354,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. TFO Wealth Partners LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter worth approximately $222,710,000. Arkadios Wealth Advisors grew its stake in Vanguard FTSE Developed Markets ETF by 289.9% in the first quarter. Arkadios Wealth Advisors now owns 93,032 shares of the company’s stock worth $4,729,000 after purchasing an additional 69,173 shares during the period. Fiduciary Alliance LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 3.5% in the second quarter. Fiduciary Alliance LLC now owns 8,732 shares of the company’s stock worth $498,000 after purchasing an additional 292 shares in the last quarter. Twelve Points Wealth Management LLC lifted its position in Vanguard FTSE Developed Markets ETF by 2.7% during the second quarter. Twelve Points Wealth Management LLC now owns 19,660 shares of the company’s stock valued at $1,121,000 after buying an additional 508 shares during the period. Finally, Wiser Wealth Management Inc boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 4.6% during the 2nd quarter. Wiser Wealth Management Inc now owns 585,007 shares of the company’s stock valued at $33,351,000 after buying an additional 25,814 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA stock opened at $59.71 on Thursday. The company has a market capitalization of $177.91 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a one year low of $45.14 and a one year high of $62.20. The company’s 50-day moving average is $60.52 and its 200 day moving average is $58.07.

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.