Vanguard FTSE Developed Markets ETF $VEA is Hanson & Doremus Investment Management’s 4th Largest Position

Hanson & Doremus Investment Management cut its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 6.1% in the 2nd quarter, HoldingsChannel reports. The fund owned 762,468 shares of the company’s stock after selling 49,363 shares during the period. Vanguard FTSE Developed Markets ETF makes up 5.5% of Hanson & Doremus Investment Management’s investment portfolio, making the stock its 4th largest position. Hanson & Doremus Investment Management’s holdings in Vanguard FTSE Developed Markets ETF were worth $54,326,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Buck Wealth Strategies LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 16.3% in the 4th quarter. Buck Wealth Strategies LLC now owns 364,560 shares of the company’s stock valued at $22,774,000 after buying an additional 51,187 shares during the period. Green Ridge Wealth Planning LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter valued at about $15,031,000. Root Financial Partners LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 27.1% during the 4th quarter. Root Financial Partners LLC now owns 97,303 shares of the company’s stock worth $6,079,000 after acquiring an additional 20,769 shares during the period. Verus Advisory Inc. purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter worth about $9,561,000. Finally, Amara Financial LLC. boosted its position in shares of Vanguard FTSE Developed Markets ETF by 15.7% in the fourth quarter. Amara Financial LLC. now owns 336,393 shares of the company’s stock worth $21,014,000 after acquiring an additional 45,737 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA opened at $73.58 on Friday. Vanguard FTSE Developed Markets ETF has a 1 year low of $57.81 and a 1 year high of $73.89. The company’s 50 day simple moving average is $71.06 and its 200 day simple moving average is $68.95. The stock has a market capitalization of $238.39 billion, a PE ratio of 16.34 and a beta of 0.83.

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.