Pinnacle Wealth Management Advisory Group LLC Has $19.95 Million Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Pinnacle Wealth Management Advisory Group LLC raised its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 17.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 416,521 shares of the company’s stock after purchasing an additional 61,391 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for approximately 2.3% of Pinnacle Wealth Management Advisory Group LLC’s holdings, making the stock its 9th largest holding. Pinnacle Wealth Management Advisory Group LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $19,951,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of VEA. TIAA Trust National Association acquired a new position in Vanguard FTSE Developed Markets ETF during the 3rd quarter worth approximately $1,032,460,000. Charles Schwab Investment Management Inc. boosted its holdings in Vanguard FTSE Developed Markets ETF by 82.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 37,076,231 shares of the company’s stock worth $1,620,973,000 after purchasing an additional 16,797,788 shares during the last quarter. Envestnet Portfolio Solutions Inc. bought a new position in Vanguard FTSE Developed Markets ETF in the third quarter valued at $569,628,000. Cerity Partners LLC increased its stake in Vanguard FTSE Developed Markets ETF by 63.5% in the 4th quarter. Cerity Partners LLC now owns 18,972,495 shares of the company’s stock valued at $908,783,000 after buying an additional 7,370,621 shares during the last quarter. Finally, Betterment LLC lifted its position in Vanguard FTSE Developed Markets ETF by 2.6% during the 3rd quarter. Betterment LLC now owns 108,000,000 shares of the company’s stock worth $4,735,356,000 after buying an additional 2,711,916 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.5 %

Shares of NYSEARCA VEA traded up $0.26 during mid-day trading on Thursday, hitting $50.23. The company had a trading volume of 4,914,834 shares, compared to its average volume of 11,392,588. The firm has a 50-day simple moving average of $49.33 and a two-hundred day simple moving average of $47.39. Vanguard FTSE Developed Markets ETF has a one year low of $41.48 and a one year high of $50.36. The company has a market capitalization of $131.60 billion, a PE ratio of 13.32 and a beta of 0.88.

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.