Moody National Bank Trust Division Buys 86,572 Shares of Vanguard FTSE Developed Markets ETF $VEA

Moody National Bank Trust Division increased its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 7.9% in the third quarter, HoldingsChannel.com reports. The firm owned 1,176,580 shares of the company’s stock after acquiring an additional 86,572 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for 6.1% of Moody National Bank Trust Division’s portfolio, making the stock its 2nd largest position. Moody National Bank Trust Division’s holdings in Vanguard FTSE Developed Markets ETF were worth $83,078,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VEA. Atmos Advisory LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 0.5% in the third quarter. Atmos Advisory LLC now owns 321,626 shares of the company’s stock valued at $22,710,000 after buying an additional 1,649 shares in the last quarter. Legacy Private Trust Co. boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 1.9% during the 3rd quarter. Legacy Private Trust Co. now owns 1,148,916 shares of the company’s stock worth $81,125,000 after acquiring an additional 21,782 shares in the last quarter. Park National Corp OH boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 89.7% during the 3rd quarter. Park National Corp OH now owns 399,440 shares of the company’s stock worth $28,204,000 after acquiring an additional 188,872 shares in the last quarter. Horizons Wealth Management acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the 3rd quarter worth approximately $15,139,000. Finally, Tompkins Financial Corp increased its stake in Vanguard FTSE Developed Markets ETF by 2.0% in the 3rd quarter. Tompkins Financial Corp now owns 516,490 shares of the company’s stock valued at $36,469,000 after purchasing an additional 10,017 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA stock traded down $0.02 during midday trading on Tuesday, hitting $71.11. 10,218,810 shares of the stock were exchanged, compared to its average volume of 14,215,242. The stock’s 50-day moving average price is $72.22 and its 200-day moving average price is $70.21. The stock has a market cap of $232.16 billion, a price-to-earnings ratio of 16.34 and a beta of 0.84. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $58.88 and a fifty-two week high of $74.04.

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.