Eastern Bank Increases Stake in Vanguard FTSE Developed Markets ETF $VEA

Eastern Bank grew its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 6.1% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,345,531 shares of the company’s stock after buying an additional 133,977 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for about 2.5% of Eastern Bank’s investment portfolio, making the stock its 8th biggest holding. Eastern Bank owned about 0.08% of Vanguard FTSE Developed Markets ETF worth $140,544,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bank of America Corp DE increased its holdings in Vanguard FTSE Developed Markets ETF by 3.0% during the 2nd quarter. Bank of America Corp DE now owns 194,545,244 shares of the company’s stock worth $11,091,024,000 after purchasing an additional 5,747,233 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Vanguard FTSE Developed Markets ETF by 1.0% during the second quarter. Envestnet Asset Management Inc. now owns 99,706,551 shares of the company’s stock worth $5,684,072,000 after buying an additional 958,633 shares during the period. WealthNavi Inc. grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.1% during the third quarter. WealthNavi Inc. now owns 48,797,610 shares of the company’s stock worth $2,923,953,000 after buying an additional 549,899 shares in the last quarter. Corient Private Wealth LLC raised its position in Vanguard FTSE Developed Markets ETF by 122.9% in the 2nd quarter. Corient Private Wealth LLC now owns 41,168,047 shares of the company’s stock valued at $2,201,917,000 after buying an additional 22,700,179 shares during the last quarter. Finally, Captrust Financial Advisors lifted its stake in Vanguard FTSE Developed Markets ETF by 20.9% in the 2nd quarter. Captrust Financial Advisors now owns 24,996,434 shares of the company’s stock valued at $1,425,044,000 after acquiring an additional 4,314,597 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Down 0.6%

Shares of VEA opened at $64.56 on Wednesday. Vanguard FTSE Developed Markets ETF has a twelve month low of $45.14 and a twelve month high of $64.95. The stock has a market capitalization of $199.98 billion, a P/E ratio of 16.34 and a beta of 0.87. The company has a 50 day moving average of $62.03 and a 200-day moving average of $60.02.

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.