Principal Financial Group Inc. Acquires 348,989 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Principal Financial Group Inc. lifted its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 308.2% during the 3rd quarter, Holdings Channel reports. The firm owned 462,230 shares of the company’s stock after acquiring an additional 348,989 shares during the period. Principal Financial Group Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $24,410,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Transcendent Capital Group LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 101.2% during the second quarter. Transcendent Capital Group LLC now owns 509 shares of the company’s stock worth $25,000 after buying an additional 256 shares during the last quarter. Triad Wealth Partners LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter valued at about $31,000. Spectrum Wealth Counsel LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter valued at approximately $33,000. Abich Financial Wealth Management LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 2,458.6% during the 2nd quarter. Abich Financial Wealth Management LLC now owns 742 shares of the company’s stock worth $37,000 after acquiring an additional 713 shares during the last quarter. Finally, Fairscale Capital LLC acquired a new position in Vanguard FTSE Developed Markets ETF during the second quarter valued at approximately $38,000.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA:VEA opened at $49.12 on Thursday. The company has a 50 day moving average price of $51.38 and a two-hundred day moving average price of $50.69. The company has a market capitalization of $128.69 billion, a PE ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 52 week low of $44.65 and a 52 week high of $53.40.

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.