Sageworth Trust Co of South Dakota Raises Position in Vanguard FTSE Developed Markets ETF $VEA

Sageworth Trust Co of South Dakota raised its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 32.9% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 35,628 shares of the company’s stock after acquiring an additional 8,815 shares during the period. Vanguard FTSE Developed Markets ETF makes up about 2.0% of Sageworth Trust Co of South Dakota’s investment portfolio, making the stock its 14th largest position. Sageworth Trust Co of South Dakota’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,135,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in VEA. IFS Advisors LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the 2nd quarter worth approximately $35,000. Cloud Capital Management LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the 3rd quarter worth $37,000. Elevation Point Wealth Partners LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter worth $48,000. Kilter Group LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the second quarter worth $49,000. Finally, Mid American Wealth Advisory Group Inc. bought a new position in Vanguard FTSE Developed Markets ETF in the second quarter valued at $52,000.

Vanguard FTSE Developed Markets ETF Stock Down 1.3%

NYSEARCA VEA opened at $66.20 on Friday. The stock’s 50-day simple moving average is $63.33 and its two-hundred day simple moving average is $60.79. Vanguard FTSE Developed Markets ETF has a twelve month low of $45.14 and a twelve month high of $67.39. The company has a market capitalization of $205.06 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87.

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.