Sandy Spring Bank Purchases 254 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Sandy Spring Bank boosted its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 490,542 shares of the company’s stock after purchasing an additional 254 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up approximately 0.9% of Sandy Spring Bank’s investment portfolio, making the stock its 23rd largest holding. Sandy Spring Bank’s holdings in Vanguard FTSE Developed Markets ETF were worth $23,458,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Prospera Financial Services Inc grew its stake in shares of Vanguard FTSE Developed Markets ETF by 0.8% during the third quarter. Prospera Financial Services Inc now owns 50,112 shares of the company’s stock worth $2,647,000 after acquiring an additional 406 shares during the last quarter. Thompson Davis & CO. Inc. purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the third quarter worth about $250,000. Segall Bryant & Hamill LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the third quarter worth about $627,000. Jennison Associates LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 525.5% during the third quarter. Jennison Associates LLC now owns 38,779 shares of the company’s stock worth $2,048,000 after acquiring an additional 32,579 shares during the last quarter. Finally, First Horizon Advisors Inc. grew its stake in shares of Vanguard FTSE Developed Markets ETF by 3.4% during the third quarter. First Horizon Advisors Inc. now owns 512,982 shares of the company’s stock worth $27,091,000 after acquiring an additional 16,711 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.5 %

Shares of NYSEARCA VEA opened at $52.99 on Thursday. The business’s 50 day moving average price is $50.58 and its 200 day moving average price is $50.47. The firm has a market cap of $148.90 billion, a P/E ratio of 16.97 and a beta of 0.92. Vanguard FTSE Developed Markets ETF has a 52 week low of $46.80 and a 52 week high of $53.40.

Vanguard FTSE Developed Markets ETF Company 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.