Bank of Nova Scotia Increases Stock Position in Vanguard FTSE Developed Markets ETF $VEA

Bank of Nova Scotia raised its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 45.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 788,500 shares of the company’s stock after purchasing an additional 246,800 shares during the period. Bank of Nova Scotia’s holdings in Vanguard FTSE Developed Markets ETF were worth $50,527,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of VEA. Cherry Creek Investment Advisors Inc. boosted its stake in shares of 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 during the last quarter. Mascagni Wealth Management Inc. increased its position in Vanguard FTSE Developed Markets ETF by 2.1% in the fourth quarter. Mascagni Wealth Management Inc. now owns 7,231 shares of the company’s stock worth $452,000 after buying an additional 152 shares in the last quarter. Ironwood Investment Counsel LLC grew its stake in shares of 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 valued at $2,542,000 after acquiring an additional 153 shares during the period. River Wealth Advisors LLC raised its stake in Vanguard FTSE Developed Markets ETF by 1.3% during 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. Finally, Belpointe Asset Management LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 0.5% during the fourth quarter. Belpointe Asset Management LLC now owns 34,529 shares of the company’s stock valued at $2,157,000 after purchasing an additional 162 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA stock opened at $69.71 on Friday. The company’s fifty day moving average price is $70.81 and its 200-day moving average price is $68.21. The company has a market capitalization of $225.86 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a one year low of $55.68 and a one year high of $73.23.

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.