City State Bank Buys 2,595 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

City State Bank boosted its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 13.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,542 shares of the company’s stock after purchasing an additional 2,595 shares during the quarter. City State Bank’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,095,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VEA. Sellwood Investment Partners LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter worth $26,000. Chapman Financial Group LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter worth $29,000. Keystone Financial Group Inc. acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter worth $32,000. Headlands Technologies LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 65.2% during the fourth quarter. Headlands Technologies LLC now owns 702 shares of the company’s stock worth $34,000 after buying an additional 277 shares in the last quarter. Finally, Dunhill Financial LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 80.6% during the fourth quarter. Dunhill Financial LLC now owns 715 shares of the company’s stock worth $34,000 after buying an additional 319 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA opened at $56.28 on Friday. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.14 and a fifty-two week high of $56.37. The company has a market capitalization of $160.40 billion, a P/E ratio of 16.52 and a beta of 0.87. The stock has a fifty day moving average of $52.55 and a 200-day moving average of $50.98.

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.