Choate Investment Advisors Grows Stock Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Choate Investment Advisors lifted its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 7.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 366,170 shares of the company’s stock after buying an additional 25,156 shares during the quarter. Choate Investment Advisors’ holdings in Vanguard FTSE Developed Markets ETF were worth $17,510,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. First Financial Group Corp purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter valued at about $308,000. Harrington Investments INC purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter valued at about $263,000. Clearstead Trust LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 7.1% during the fourth quarter. Clearstead Trust LLC now owns 21,496 shares of the company’s stock valued at $1,028,000 after buying an additional 1,433 shares during the period. Rareview Capital LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 5.3% during the fourth quarter. Rareview Capital LLC now owns 204,750 shares of the company’s stock worth $10,813,000 after acquiring an additional 10,377 shares in the last quarter. Finally, Greykasell Wealth Strategies Inc. bought a new stake in Vanguard FTSE Developed Markets ETF during the fourth quarter worth about $2,739,000.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA:VEA opened at $52.20 on Friday. Vanguard FTSE Developed Markets ETF has a one year low of $46.80 and a one year high of $53.40. The company’s 50-day simple moving average is $50.31 and its 200 day simple moving average is $50.46. The firm has a market capitalization of $146.68 billion, a P/E ratio of 16.97 and a beta of 0.92.

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.