Coastline Trust Co Sells 24,577 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Coastline Trust Co reduced its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 15.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 131,599 shares of the company’s stock after selling 24,577 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up approximately 0.8% of Coastline Trust Co’s investment portfolio, making the stock its 28th largest position. Coastline Trust Co’s holdings in Vanguard FTSE Developed Markets ETF were worth $6,950,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in VEA. Bangor Savings Bank raised its position in Vanguard FTSE Developed Markets ETF by 0.4% during the 2nd quarter. Bangor Savings Bank now owns 51,300 shares of the company’s stock valued at $2,535,000 after purchasing an additional 201 shares in the last quarter. Sunbelt Securities Inc. increased its stake in shares of Vanguard FTSE Developed Markets ETF by 1.8% during the second quarter. Sunbelt Securities Inc. now owns 11,686 shares of the company’s stock valued at $578,000 after buying an additional 205 shares during the period. Patriot Financial Group Insurance Agency LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.3% in the third quarter. Patriot Financial Group Insurance Agency LLC now owns 65,927 shares of the company’s stock valued at $3,482,000 after acquiring an additional 205 shares in the last quarter. Optimum Investment Advisors lifted its stake in Vanguard FTSE Developed Markets ETF by 1.7% in the third quarter. Optimum Investment Advisors now owns 12,644 shares of the company’s stock worth $668,000 after acquiring an additional 207 shares during the period. Finally, Olistico Wealth LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 13.9% in the third quarter. Olistico Wealth LLC now owns 1,708 shares of the company’s stock worth $90,000 after acquiring an additional 208 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA VEA opened at $49.03 on Friday. Vanguard FTSE Developed Markets ETF has a one year low of $44.81 and a one year high of $53.40. The company has a market capitalization of $128.46 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. The company’s 50-day simple moving average is $51.27 and its two-hundred day simple moving average is $50.67.

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.