Pinnacle Associates Ltd. Boosts Holdings in Vanguard FTSE Developed Markets ETF $VEA

Pinnacle Associates Ltd. increased its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 5.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 471,516 shares of the company’s stock after buying an additional 26,377 shares during the quarter. Pinnacle Associates Ltd.’s holdings in Vanguard FTSE Developed Markets ETF were worth $26,881,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. TFO Wealth Partners LLC bought a new stake in Vanguard FTSE Developed Markets ETF in the first quarter valued at $222,710,000. Arkadios Wealth Advisors boosted its holdings in Vanguard FTSE Developed Markets ETF by 289.9% in the first quarter. Arkadios Wealth Advisors now owns 93,032 shares of the company’s stock valued at $4,729,000 after acquiring an additional 69,173 shares in the last quarter. Fiduciary Alliance LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 3.5% in the second quarter. Fiduciary Alliance LLC now owns 8,732 shares of the company’s stock valued at $498,000 after acquiring an additional 292 shares in the last quarter. Twelve Points Wealth Management LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 2.7% in the second quarter. Twelve Points Wealth Management LLC now owns 19,660 shares of the company’s stock valued at $1,121,000 after acquiring an additional 508 shares in the last quarter. Finally, Financial Synergies Wealth Advisors Inc. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.2% during the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 900,352 shares of the company’s stock valued at $45,765,000 after buying an additional 27,816 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 0.5%

Shares of VEA stock opened at $61.03 on Friday. Vanguard FTSE Developed Markets ETF has a 12 month low of $45.14 and a 12 month high of $61.80. The stock has a market cap of $181.84 billion, a PE ratio of 16.34 and a beta of 0.87. The company’s fifty day moving average price is $59.98 and its 200-day moving average price is $57.14.

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.