1ST Source Bank Decreases Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

1ST Source Bank reduced its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.1% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 612,631 shares of the company’s stock after selling 7,094 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for about 1.7% of 1ST Source Bank’s investment portfolio, making the stock its 10th largest position. 1ST Source Bank’s holdings in Vanguard FTSE Developed Markets ETF were worth $29,296,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the business. Mill Creek Capital Advisors LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 3rd quarter worth about $770,000. Cassady Schiller Wealth Management LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 11.9% in the 3rd quarter. Cassady Schiller Wealth Management LLC now owns 52,439 shares of the company’s stock worth $2,769,000 after purchasing an additional 5,557 shares in the last quarter. Adero Partners LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.3% in the 3rd quarter. Adero Partners LLC now owns 21,720 shares of the company’s stock worth $1,147,000 after purchasing an additional 704 shares in the last quarter. Peterson Financial Group Inc. purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 3rd quarter worth about $77,000. Finally, Thrivent Financial for Lutherans boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 102.0% in the 3rd quarter. Thrivent Financial for Lutherans now owns 2,211,726 shares of the company’s stock worth $116,801,000 after purchasing an additional 1,116,684 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA stock opened at $52.20 on Monday. The stock has a market capitalization of $146.68 billion, a PE 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. The business has a 50-day moving average of $50.31 and a 200 day moving average of $50.45.

Vanguard FTSE Developed Markets ETF 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.