Cadence Bank Increases Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Cadence Bank raised its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.6% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 156,073 shares of the company’s stock after acquiring an additional 3,970 shares during the period. Cadence Bank’s holdings in Vanguard FTSE Developed Markets ETF were worth $8,242,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Coppell Advisory Solutions Corp. purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the 1st quarter worth approximately $399,000. Investmark Advisory Group LLC boosted its position in Vanguard FTSE Developed Markets ETF by 6.1% during the first quarter. Investmark Advisory Group LLC now owns 4,614 shares of the company’s stock worth $231,000 after purchasing an additional 264 shares in the last quarter. Citizens Financial Group Inc. RI grew its holdings in Vanguard FTSE Developed Markets ETF by 10.3% in the first quarter. Citizens Financial Group Inc. RI now owns 62,500 shares of the company’s stock valued at $3,136,000 after purchasing an additional 5,848 shares during the last quarter. Pacific Center for Financial Services grew its holdings in Vanguard FTSE Developed Markets ETF by 97.5% in the first quarter. Pacific Center for Financial Services now owns 1,106 shares of the company’s stock valued at $55,000 after purchasing an additional 546 shares during the last quarter. Finally, LRI Investments LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the first quarter valued at $39,000.

Vanguard FTSE Developed Markets ETF Stock Down 0.6 %

NYSEARCA:VEA opened at $49.44 on Wednesday. The company has a market capitalization of $129.53 billion, a PE ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 52-week low of $45.65 and a 52-week high of $53.40. The stock has a fifty day simple moving average of $51.00 and a 200-day simple moving average of $50.68.

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.