Adirondack Trust Co. Raises Holdings in Vanguard FTSE Developed Markets ETF $VEA

Adirondack Trust Co. increased its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 129.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,259 shares of the company’s stock after acquiring an additional 10,861 shares during the period. Adirondack Trust Co.’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,203,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of VEA. GGM Financials LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the third quarter valued at $27,000. Ulland Investment Advisors LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 75.6% in the 3rd quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock valued at $34,000 after purchasing an additional 242 shares in the last quarter. Cloud Capital Management LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the 3rd quarter worth about $37,000. Elevation Point Wealth Partners LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the 2nd quarter worth about $48,000. Finally, Kilter Group LLC purchased a new position in Vanguard FTSE Developed Markets ETF during the second quarter worth approximately $49,000.

Vanguard FTSE Developed Markets ETF Trading Down 3.3%

Shares of VEA opened at $62.04 on Monday. Vanguard FTSE Developed Markets ETF has a 12 month low of $45.14 and a 12 month high of $70.55. The stock’s 50 day moving average is $66.70 and its two-hundred day moving average is $63.09. The firm has a market cap of $192.18 billion, a P/E ratio of 16.34 and a beta of 0.87.

About Vanguard FTSE Developed Markets ETF

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.