Pinnacle Wealth Management Advisory Group LLC Trims Holdings in Vanguard FTSE Developed Markets ETF $VEA

Pinnacle Wealth Management Advisory Group LLC trimmed its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 11.6% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 387,943 shares of the company’s stock after selling 50,790 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for about 1.7% of Pinnacle Wealth Management Advisory Group LLC’s holdings, making the stock its 12th largest position. Pinnacle Wealth Management Advisory Group LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $24,859,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in VEA. Buck Wealth Strategies LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 16.3% in the fourth quarter. Buck Wealth Strategies LLC now owns 364,560 shares of the company’s stock worth $22,774,000 after purchasing an additional 51,187 shares during the period. Chesley Taft & Associates LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 13.9% during the fourth quarter. Chesley Taft & Associates LLC now owns 331,150 shares of the company’s stock worth $20,687,000 after purchasing an additional 40,482 shares in the last quarter. Green Ridge Wealth Planning LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter worth approximately $15,031,000. Root Financial Partners LLC raised its stake in Vanguard FTSE Developed Markets ETF by 27.1% in the fourth quarter. Root Financial Partners LLC now owns 97,303 shares of the company’s stock valued at $6,079,000 after purchasing an additional 20,769 shares in the last quarter. Finally, Verus Advisory Inc. purchased a new stake in Vanguard FTSE Developed Markets ETF in the fourth quarter valued at approximately $9,561,000.

Vanguard FTSE Developed Markets ETF Price Performance

VEA stock opened at $70.56 on Friday. The stock has a market cap of $226.30 billion, a PE ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a one year low of $55.68 and a one year high of $73.23. The firm has a 50 day simple moving average of $70.28 and a two-hundred day simple moving average of $67.09.

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.