Silver Lake Advisory LLC Takes $7.50 Million Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Silver Lake Advisory LLC acquired a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 151,680 shares of the company’s stock, valued at approximately $7,496,000. Vanguard FTSE Developed Markets ETF accounts for about 1.1% of Silver Lake Advisory LLC’s investment portfolio, making the stock its 17th biggest position.

Other large investors also recently modified their holdings of the company. Bangor Savings Bank increased its position in Vanguard FTSE Developed Markets ETF by 0.4% during the second quarter. Bangor Savings Bank now owns 51,300 shares of the company’s stock worth $2,535,000 after acquiring an additional 201 shares during the period. Orcam Financial Group grew its stake in Vanguard FTSE Developed Markets ETF by 0.5% during the second quarter. Orcam Financial Group now owns 39,014 shares of the company’s stock worth $1,928,000 after buying an additional 210 shares in the last quarter. Baldwin Brothers LLC MA grew its stake in Vanguard FTSE Developed Markets ETF by 1.5% during the second quarter. Baldwin Brothers LLC MA now owns 14,830 shares of the company’s stock worth $733,000 after buying an additional 216 shares in the last quarter. Prospera Private Wealth LLC grew its stake in Vanguard FTSE Developed Markets ETF by 2.6% during the first quarter. Prospera Private Wealth LLC now owns 8,571 shares of the company’s stock worth $430,000 after buying an additional 219 shares in the last quarter. Finally, Murphy Middleton Hinkle & Parker Inc. grew its stake in Vanguard FTSE Developed Markets ETF by 0.9% during the first quarter. Murphy Middleton Hinkle & Parker Inc. now owns 25,833 shares of the company’s stock worth $1,296,000 after buying an additional 220 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Down 0.6 %

Shares of Vanguard FTSE Developed Markets ETF stock opened at $52.98 on Friday. The company has a market capitalization of $138.81 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 12-month low of $41.48 and a 12-month high of $53.40. The firm’s 50-day moving average price is $50.92 and its two-hundred day moving average price is $50.27.

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.