Hamilton Point Investment Advisors LLC Buys New Shares in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Hamilton Point Investment Advisors LLC bought a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the fourth quarter, HoldingsChannel reports. The fund bought 4,750 shares of the company’s stock, valued at approximately $227,000.

Other institutional investors have also added to or reduced their stakes in the company. Sageworth Trust Co of South Dakota increased its stake in Vanguard FTSE Developed Markets ETF by 7.1% in the third quarter. Sageworth Trust Co of South Dakota now owns 28,834 shares of the company’s stock valued at $1,523,000 after acquiring an additional 1,906 shares during the last quarter. Advance Capital Management Inc. grew its stake in shares of Vanguard FTSE Developed Markets ETF by 14.3% during the fourth quarter. Advance Capital Management Inc. now owns 13,711 shares of the company’s stock valued at $656,000 after buying an additional 1,711 shares during the last quarter. Kozak & Associates Inc. grew its stake in shares of Vanguard FTSE Developed Markets ETF by 268.0% during the fourth quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock valued at $27,000 after buying an additional 410 shares during the last quarter. First County Bank CT grew its stake in shares of Vanguard FTSE Developed Markets ETF by 18.0% during the fourth quarter. First County Bank CT now owns 13,089 shares of the company’s stock valued at $626,000 after buying an additional 1,993 shares during the last quarter. Finally, Tenon Financial LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 2.3% during the third quarter. Tenon Financial LLC now owns 231,747 shares of the company’s stock valued at $12,239,000 after buying an additional 5,154 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 1.1 %

Shares of NYSEARCA:VEA opened at $50.42 on Friday. The stock’s 50-day moving average price is $49.09 and its 200-day moving average price is $50.26. Vanguard FTSE Developed Markets ETF has a 12-month low of $46.72 and a 12-month high of $53.40. The stock has a market capitalization of $132.10 billion, a P/E ratio of 13.32 and a beta of 0.88.

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.