Sandy Spring Bank Acquires 254 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Sandy Spring Bank raised its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 490,542 shares of the company’s stock after purchasing an additional 254 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for approximately 0.9% of Sandy Spring Bank’s investment portfolio, making the stock its 23rd largest holding. Sandy Spring Bank’s holdings in Vanguard FTSE Developed Markets ETF were worth $23,458,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brooklyn FI LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 6,702.3% in the fourth quarter. Brooklyn FI LLC now owns 35,997,541 shares of the company’s stock valued at $1,806,348,000 after acquiring an additional 35,468,345 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at about $563,154,000. Strategic Financial Concepts LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 5,780.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 10,808,939 shares of the company’s stock valued at $516,883,000 after acquiring an additional 10,625,142 shares in the last quarter. US Bancorp DE raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 56.6% in the fourth quarter. US Bancorp DE now owns 23,812,753 shares of the company’s stock valued at $1,138,726,000 after acquiring an additional 8,608,172 shares in the last quarter. Finally, Life Planning Partners Inc raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 4,722.9% in the fourth quarter. Life Planning Partners Inc now owns 4,370,665 shares of the company’s stock valued at $209,005,000 after acquiring an additional 4,280,041 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

VEA stock opened at $52.99 on Thursday. The business has a 50-day moving average price of $50.58 and a 200 day moving average price of $50.47. The company has a market capitalization of $148.90 billion, a P/E ratio of 16.97 and a beta of 0.92. Vanguard FTSE Developed Markets ETF has a 1-year low of $46.80 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.