Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) is Ballentine Capital Advisors Inc’s 2nd Largest Position

Ballentine Capital Advisors Inc increased its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.7% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 476,945 shares of the company’s stock after purchasing an additional 3,462 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises about 12.6% of Ballentine Capital Advisors Inc’s investment portfolio, making the stock its 2nd biggest holding. Ballentine Capital Advisors Inc’s holdings in Vanguard FTSE Developed Markets ETF were worth $25,187,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Sageworth Trust Co of South Dakota lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 7.1% in the 3rd quarter. Sageworth Trust Co of South Dakota now owns 28,834 shares of the company’s stock valued at $1,523,000 after purchasing an additional 1,906 shares in the last quarter. Richard W. Paul & Associates LLC raised its stake in Vanguard FTSE Developed Markets ETF by 5.8% during the second quarter. Richard W. Paul & Associates LLC now owns 16,900 shares of the company’s stock worth $835,000 after acquiring an additional 924 shares during the period. XML Financial LLC lifted its position in Vanguard FTSE Developed Markets ETF by 5.9% in the 2nd quarter. XML Financial LLC now owns 4,719 shares of the company’s stock valued at $233,000 after purchasing an additional 262 shares during the last quarter. Tenon Financial LLC grew its position in Vanguard FTSE Developed Markets ETF by 2.3% in the 3rd quarter. Tenon Financial LLC now owns 231,747 shares of the company’s stock valued at $12,239,000 after buying an additional 5,154 shares in the last quarter. Finally, Raymond James & Associates boosted its stake in Vanguard FTSE Developed Markets ETF by 3.1% during the second quarter. Raymond James & Associates now owns 3,978,354 shares of the company’s stock valued at $196,610,000 after buying an additional 118,792 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA VEA opened at $50.25 on Wednesday. The business’s fifty day moving average is $50.62 and its two-hundred day moving average is $50.65. The stock has a market capitalization of $131.64 billion, a P/E ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 1 year low of $45.91 and a 1 year high of $53.40.

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.