Eastern Bank Sells 75,619 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Eastern Bank trimmed its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,990,145 shares of the company’s stock after selling 75,619 shares during the period. Vanguard FTSE Developed Markets ETF accounts for 1.8% of Eastern Bank’s portfolio, making the stock its 12th largest holding. Eastern Bank’s holdings in Vanguard FTSE Developed Markets ETF were worth $95,169,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Kozak & Associates Inc. increased its holdings in Vanguard FTSE Developed Markets ETF by 268.0% in the 4th quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock valued at $27,000 after acquiring an additional 410 shares during the last quarter. Spectrum Wealth Counsel LLC bought a new stake in Vanguard FTSE Developed Markets ETF in the 2nd quarter valued at $33,000. Lummis Asset Management LP purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 3rd quarter worth $34,000. Abich Financial Wealth Management LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 2,458.6% in the 2nd quarter. Abich Financial Wealth Management LLC now owns 742 shares of the company’s stock worth $37,000 after buying an additional 713 shares in the last quarter. Finally, Fairscale Capital LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter worth $38,000.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA:VEA traded down $0.22 on Monday, reaching $47.31. The company’s stock had a trading volume of 12,887,705 shares, compared to its average volume of 12,556,193. Vanguard FTSE Developed Markets ETF has a 52-week low of $45.91 and a 52-week high of $53.40. The company has a market cap of $123.95 billion, a P/E ratio of 13.32 and a beta of 0.88. The company has a 50-day simple moving average of $49.27 and a 200 day simple moving average of $50.37.

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.