Peak Retirement Planning Inc. Acquires New Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Peak Retirement Planning Inc. acquired a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the fourth quarter, Holdings Channel reports. The firm acquired 25,646 shares of the company’s stock, valued at approximately $1,226,000. Vanguard FTSE Developed Markets ETF accounts for approximately 0.8% of Peak Retirement Planning Inc.’s holdings, making the stock its 26th biggest holding.

A number of other institutional investors have also recently made changes to their positions in the business. Bank of America Corp DE grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 6.6% in the fourth quarter. Bank of America Corp DE now owns 175,393,114 shares of the company’s stock valued at $8,387,299,000 after purchasing an additional 10,807,527 shares in the last quarter. Betterment LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 8.0% during the 4th quarter. Betterment LLC now owns 137,485,176 shares of the company’s stock worth $6,574,541,000 after acquiring an additional 10,132,168 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in Vanguard FTSE Developed Markets ETF by 1.7% during the 4th quarter. Envestnet Asset Management Inc. now owns 98,087,890 shares of the company’s stock worth $4,690,563,000 after acquiring an additional 1,599,089 shares in the last quarter. Wells Fargo & Company MN grew its holdings in Vanguard FTSE Developed Markets ETF by 4.0% during the 4th quarter. Wells Fargo & Company MN now owns 65,258,786 shares of the company’s stock worth $3,120,675,000 after acquiring an additional 2,488,154 shares in the last quarter. Finally, WealthNavi Inc. grew its holdings in Vanguard FTSE Developed Markets ETF by 7.2% during the 4th quarter. WealthNavi Inc. now owns 49,426,996 shares of the company’s stock worth $2,363,599,000 after acquiring an additional 3,331,395 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.3%

NYSEARCA VEA opened at $55.03 on Friday. Vanguard FTSE Developed Markets ETF has a 52 week low of $45.14 and a 52 week high of $55.45. The stock has a market capitalization of $156.84 billion, a PE ratio of 16.25 and a beta of 0.88. The firm has a 50 day moving average of $51.77 and a two-hundred day moving average of $50.56.

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.