PFC Capital Group Inc. Grows Stock Holdings in Vanguard FTSE Developed Markets ETF $VEA

PFC Capital Group Inc. grew its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 27.5% during the third quarter, Holdings Channel reports. The institutional investor owned 52,651 shares of the company’s stock after acquiring an additional 11,366 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises 1.3% of PFC Capital Group Inc.’s investment portfolio, making the stock its 21st largest holding. PFC Capital Group Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $3,154,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. GGM Financials LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the third quarter worth $27,000. Cloud Capital Management LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the 3rd quarter valued at $37,000. Elevation Point Wealth Partners LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter valued at $48,000. Kilter Group LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter worth $49,000. Finally, Strengthening Families & Communities LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the 3rd quarter worth $55,000.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA stock opened at $65.91 on Tuesday. The stock’s fifty day moving average price is $66.50 and its 200 day moving average price is $62.72. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.14 and a 1-year high of $70.55. The company has a market cap of $204.16 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87.

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.