PNC Financial Services Group Inc. Grows Stock Holdings in Vanguard FTSE Developed Markets ETF $VEA

PNC Financial Services Group Inc. increased its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 8,503,607 shares of the company’s stock after buying an additional 233,220 shares during the period. PNC Financial Services Group Inc. owned about 0.27% of Vanguard FTSE Developed Markets ETF worth $531,220,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of VEA. Nova Wealth Management Inc. boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 151.5% in the fourth quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock worth $26,000 after acquiring an additional 253 shares during the period. GGM Financials LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the third quarter worth about $27,000. Ulland Investment Advisors LLC raised its stake in Vanguard FTSE Developed Markets ETF by 75.6% during the 3rd quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock valued at $34,000 after purchasing an additional 242 shares during the period. Strategic Wealth Advisors LLC bought a new stake in Vanguard FTSE Developed Markets ETF during the 4th quarter valued at approximately $35,000. Finally, Cloud Capital Management LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the 3rd quarter worth approximately $37,000.

Vanguard FTSE Developed Markets ETF Price Performance

VEA stock opened at $68.99 on Wednesday. Vanguard FTSE Developed Markets ETF has a 1-year low of $54.44 and a 1-year high of $71.12. The business has a 50 day simple moving average of $66.87 and a two-hundred day simple moving average of $65.12. The company has a market capitalization of $221.27 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83.

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.