1ST Source Bank Grows Holdings in Vanguard FTSE Developed Markets ETF $VEA

1ST Source Bank increased its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.1% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 615,598 shares of the company’s stock after purchasing an additional 6,687 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for 1.9% of 1ST Source Bank’s investment portfolio, making the stock its 9th biggest position. 1ST Source Bank’s holdings in Vanguard FTSE Developed Markets ETF were worth $35,095,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Sound View Wealth Advisors Group LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 11.0% in the second quarter. Sound View Wealth Advisors Group LLC now owns 15,518 shares of the company’s stock worth $885,000 after buying an additional 1,534 shares during the period. Delta Financial Advisors LLC increased its stake in Vanguard FTSE Developed Markets ETF by 36.9% in the 2nd quarter. Delta Financial Advisors LLC now owns 36,270 shares of the company’s stock worth $2,068,000 after purchasing an additional 9,778 shares during the period. Alpha Financial Advisors LLC lifted its position in Vanguard FTSE Developed Markets ETF by 96.0% in the second quarter. Alpha Financial Advisors LLC now owns 12,625 shares of the company’s stock valued at $720,000 after purchasing an additional 6,184 shares during the last quarter. Parkside Financial Bank & Trust boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 41.3% during the second quarter. Parkside Financial Bank & Trust now owns 69,477 shares of the company’s stock valued at $3,961,000 after purchasing an additional 20,296 shares during the period. Finally, WESCAP Management Group Inc. grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 20.8% in the second quarter. WESCAP Management Group Inc. now owns 218,824 shares of the company’s stock worth $12,475,000 after purchasing an additional 37,744 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.3%

Shares of NYSEARCA VEA opened at $60.61 on Friday. The firm’s fifty day moving average is $60.18 and its 200 day moving average is $57.61. Vanguard FTSE Developed Markets ETF has a 52 week low of $45.14 and a 52 week high of $61.80. The company has a market cap of $180.59 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87.

Vanguard FTSE Developed Markets ETF 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.