Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) is Richardson Financial Services Inc.’s 6th Largest Position

Richardson Financial Services Inc. lifted its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 101.8% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 90,138 shares of the company’s stock after buying an additional 45,474 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for approximately 2.9% of Richardson Financial Services Inc.’s holdings, making the stock its 6th largest holding. Richardson Financial Services Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $4,609,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VEA. Bangor Savings Bank raised its stake in shares of Vanguard FTSE Developed Markets ETF by 0.4% in the 2nd quarter. Bangor Savings Bank now owns 51,300 shares of the company’s stock valued at $2,535,000 after purchasing an additional 201 shares in the last quarter. Sunbelt Securities Inc. boosted its position in shares of Vanguard FTSE Developed Markets ETF by 1.8% during the second quarter. Sunbelt Securities Inc. now owns 11,686 shares of the company’s stock worth $578,000 after buying an additional 205 shares during the period. Optimum Investment Advisors grew its stake in shares of Vanguard FTSE Developed Markets ETF by 1.7% in the third quarter. Optimum Investment Advisors now owns 12,644 shares of the company’s stock worth $668,000 after purchasing an additional 207 shares in the last quarter. Olistico Wealth LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 13.9% during the third quarter. Olistico Wealth LLC now owns 1,708 shares of the company’s stock valued at $90,000 after purchasing an additional 208 shares in the last quarter. Finally, New England Private Wealth Advisors LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 2.5% in the second quarter. New England Private Wealth Advisors LLC now owns 8,529 shares of the company’s stock worth $422,000 after purchasing an additional 209 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Down 0.3 %

VEA traded down $0.16 on Friday, reaching $50.51. The company had a trading volume of 6,463,326 shares, compared to its average volume of 9,507,380. Vanguard FTSE Developed Markets ETF has a one year low of $41.48 and a one year high of $53.40. The company has a market capitalization of $132.34 billion, a P/E ratio of 13.32 and a beta of 0.88. The company has a fifty day moving average of $51.76 and a 200-day moving average of $50.52.

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.