Montecito Bank & Trust Acquires 1,954 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Montecito Bank & Trust increased its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 5.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 39,710 shares of the company’s stock after buying an additional 1,954 shares during the period. Montecito Bank & Trust’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,097,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in VEA. Transcendent Capital Group LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 101.2% in the second quarter. Transcendent Capital Group LLC now owns 509 shares of the company’s stock worth $25,000 after acquiring an additional 256 shares during the period. Triad Wealth Partners LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter worth approximately $31,000. Spectrum Wealth Counsel LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter valued at $33,000. Abich Financial Wealth Management LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 2,458.6% during the second quarter. Abich Financial Wealth Management LLC now owns 742 shares of the company’s stock worth $37,000 after buying an additional 713 shares during the period. Finally, Fairscale Capital LLC bought a new position in Vanguard FTSE Developed Markets ETF during the second quarter worth $38,000.

Vanguard FTSE Developed Markets ETF Stock Down 1.3 %

VEA stock opened at $50.16 on Thursday. The firm has a market cap of $131.42 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. The company’s fifty day simple moving average is $51.54 and its 200 day simple moving average is $50.63. Vanguard FTSE Developed Markets ETF has a 12-month low of $43.29 and a 12-month high of $53.40.

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.