Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) is Farmers & Merchants Investments Inc.’s 2nd Largest Position

Farmers & Merchants Investments Inc. grew its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.6% during the 4th quarter, HoldingsChannel reports. The fund owned 3,006,914 shares of the company’s stock after buying an additional 47,586 shares during the period. Vanguard FTSE Developed Markets ETF comprises 4.5% of Farmers & Merchants Investments Inc.’s portfolio, making the stock its 2nd biggest holding. Farmers & Merchants Investments Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $143,791,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in VEA. Kozak & Associates Inc. lifted its holdings in Vanguard FTSE Developed Markets ETF by 268.0% during the 4th quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock worth $27,000 after purchasing an additional 410 shares in the last quarter. Decker Retirement Planning Inc. bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter valued at about $29,000. Keystone Financial Group Inc. bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter valued at about $32,000. Lummis Asset Management LP purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the third quarter worth about $34,000. Finally, Crews Bank & Trust bought a new position in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at approximately $37,000.

Vanguard FTSE Developed Markets ETF Trading Down 0.8 %

Shares of NYSEARCA:VEA opened at $50.21 on Friday. The company has a 50 day moving average of $49.13 and a 200 day moving average of $50.22. The stock has a market cap of $131.55 billion, a P/E ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 12 month low of $46.72 and a 12 month high of $53.40.

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.