Brown Brothers Harriman & Co. Increases Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Brown Brothers Harriman & Co. raised its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 5.8% during the 3rd quarter, HoldingsChannel reports. The firm owned 29,346 shares of the company’s stock after acquiring an additional 1,617 shares during the quarter. Brown Brothers Harriman & Co.’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,550,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Bangor Savings Bank lifted its holdings in Vanguard FTSE Developed Markets ETF by 0.4% in the 2nd quarter. Bangor Savings Bank now owns 51,300 shares of the company’s stock worth $2,535,000 after buying an additional 201 shares in the last quarter. Sunbelt Securities Inc. lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 1.8% in the second quarter. Sunbelt Securities Inc. now owns 11,686 shares of the company’s stock worth $578,000 after acquiring an additional 205 shares in the last quarter. Patriot Financial Group Insurance Agency LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 0.3% in the third quarter. Patriot Financial Group Insurance Agency LLC now owns 65,927 shares of the company’s stock valued at $3,482,000 after purchasing an additional 205 shares during the last quarter. Optimum Investment Advisors boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 1.7% during the 3rd quarter. Optimum Investment Advisors now owns 12,644 shares of the company’s stock valued at $668,000 after buying an additional 207 shares during the last quarter. Finally, Olistico Wealth LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 13.9% in the 3rd quarter. Olistico Wealth LLC now owns 1,708 shares of the company’s stock worth $90,000 after purchasing an additional 208 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA:VEA opened at $49.73 on Tuesday. The stock has a 50-day simple moving average of $51.04 and a 200 day simple moving average of $50.68. Vanguard FTSE Developed Markets ETF has a one year low of $45.65 and a one year high of $53.40. The company has a market capitalization of $130.28 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88.

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.