Penobscot Investment Management Company Inc. Takes Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Penobscot Investment Management Company Inc. bought a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 5,672 shares of the company’s stock, valued at approximately $272,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Wetzel Investment Advisors Inc. acquired a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter worth $26,000. Versant Capital Management Inc purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter worth about $29,000. First Command Advisory Services Inc. increased its position in shares of Vanguard FTSE Developed Markets ETF by 81.3% during the fourth quarter. First Command Advisory Services Inc. now owns 689 shares of the company’s stock worth $33,000 after acquiring an additional 309 shares during the last quarter. Investment Research & Advisory Group Inc. lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 273.9% in the fourth quarter. Investment Research & Advisory Group Inc. now owns 703 shares of the company’s stock worth $34,000 after acquiring an additional 515 shares in the last quarter. Finally, Orion Capital Management LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the third quarter valued at about $40,000.

Vanguard FTSE Developed Markets ETF Stock Down 0.2 %

Shares of NYSEARCA VEA opened at $48.38 on Thursday. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $41.48 and a fifty-two week high of $50.36. The business has a 50 day moving average price of $49.26 and a two-hundred day moving average price of $47.17. The firm has a market cap of $126.76 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.