Grove Bank & Trust Increases Holdings in Vanguard FTSE Developed Markets ETF $VEA

Grove Bank & Trust raised its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 6.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 181,706 shares of the company’s stock after purchasing an additional 11,678 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises about 1.3% of Grove Bank & Trust’s investment portfolio, making the stock its 18th biggest position. Grove Bank & Trust’s holdings in Vanguard FTSE Developed Markets ETF were worth $12,947,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. JDM Financial Group LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 0.3% in the first quarter. JDM Financial Group LLC now owns 53,935 shares of the company’s stock valued at $3,456,000 after buying an additional 148 shares in the last quarter. Cherry Creek Investment Advisors Inc. lifted its position in Vanguard FTSE Developed Markets ETF by 1.6% during the 1st quarter. Cherry Creek Investment Advisors Inc. now owns 9,836 shares of the company’s stock worth $630,000 after acquiring an additional 151 shares in the last quarter. Mascagni Wealth Management Inc. lifted its position in Vanguard FTSE Developed Markets ETF by 2.1% during the 4th quarter. Mascagni Wealth Management Inc. now owns 7,231 shares of the company’s stock worth $452,000 after acquiring an additional 152 shares in the last quarter. Ironwood Investment Counsel LLC lifted its position in Vanguard FTSE Developed Markets ETF by 0.4% during the 1st quarter. Ironwood Investment Counsel LLC now owns 39,675 shares of the company’s stock worth $2,542,000 after acquiring an additional 153 shares in the last quarter. Finally, River Wealth Advisors LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 1.3% in the 4th quarter. River Wealth Advisors LLC now owns 12,143 shares of the company’s stock worth $759,000 after acquiring an additional 161 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Up 1.7%

Shares of NYSEARCA:VEA opened at $72.22 on Wednesday. Vanguard FTSE Developed Markets ETF has a 52-week low of $56.69 and a 52-week high of $73.23. The company has a 50 day moving average of $70.84 and a two-hundred day moving average of $68.54. The company has a market capitalization of $233.99 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83.

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.