Penobscot Investment Management Company Inc. Purchases New Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Penobscot Investment Management Company Inc. acquired a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 5,672 shares of the company’s stock, valued at approximately $272,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Wetzel Investment Advisors Inc. purchased a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter valued at $26,000. Versant Capital Management Inc purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at about $29,000. First Command Advisory Services Inc. increased its stake in shares of Vanguard FTSE Developed Markets ETF by 81.3% during the fourth quarter. First Command Advisory Services Inc. now owns 689 shares of the company’s stock worth $33,000 after acquiring an additional 309 shares during the period. Investment Research & Advisory Group Inc. raised its holdings in Vanguard FTSE Developed Markets ETF by 273.9% during the fourth quarter. Investment Research & Advisory Group Inc. now owns 703 shares of the company’s stock worth $34,000 after purchasing an additional 515 shares in the last quarter. Finally, Orion Capital Management LLC acquired a new stake in Vanguard FTSE Developed Markets ETF in the third quarter valued at about $40,000.

Vanguard FTSE Developed Markets ETF Trading Down 0.2 %

Shares of VEA opened at $48.38 on Thursday. The stock’s 50 day moving average is $49.26 and its two-hundred day moving average is $47.17. Vanguard FTSE Developed Markets ETF has a twelve month low of $41.48 and a twelve month high of $50.36. The firm has a market capitalization of $126.76 billion, a PE ratio of 13.32 and a beta of 0.88.

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.