Eastern Bank Acquires 81,764 Shares of Vanguard FTSE Developed Markets ETF $VEA

Eastern Bank raised its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.5% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,427,295 shares of the company’s stock after buying an additional 81,764 shares during the period. Vanguard FTSE Developed Markets ETF makes up approximately 2.6% of Eastern Bank’s portfolio, making the stock its 8th largest position. Eastern Bank owned 0.08% of Vanguard FTSE Developed Markets ETF worth $151,633,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Corient Private Wealth LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 122.9% in the second quarter. Corient Private Wealth LLC now owns 41,168,047 shares of the company’s stock valued at $2,201,917,000 after purchasing an additional 22,700,179 shares during the period. Gallagher Fiduciary Advisors LLC grew its stake in Vanguard FTSE Developed Markets ETF by 5,002.6% during the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 11,901,177 shares of the company’s stock worth $678,486,000 after purchasing an additional 11,667,939 shares in the last quarter. Moneta Group Investment Advisors LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 904.9% during the 3rd quarter. Moneta Group Investment Advisors LLC now owns 10,887,168 shares of the company’s stock worth $652,359,000 after purchasing an additional 9,803,737 shares during the period. 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 during the period. Finally, Jasper Ridge Partners L.P. raised its position in Vanguard FTSE Developed Markets ETF by 35.6% in the 3rd quarter. Jasper Ridge Partners L.P. now owns 20,757,883 shares of the company’s stock valued at $1,243,812,000 after purchasing an additional 5,451,849 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA opened at $62.05 on Friday. The stock has a 50-day simple moving average of $66.52 and a 200-day simple moving average of $63.20. The stock has a market capitalization of $192.21 billion, a PE ratio of 16.34 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a 1 year low of $45.14 and a 1 year high of $70.55.

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.