Pinnacle Financial Partners Inc Has $44.40 Million Stake in Vanguard FTSE Developed Markets ETF $VEA

Pinnacle Financial Partners Inc trimmed its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 28.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 741,006 shares of the company’s stock after selling 297,839 shares during the period. Vanguard FTSE Developed Markets ETF accounts for about 1.1% of Pinnacle Financial Partners Inc’s investment portfolio, making the stock its 17th biggest holding. Pinnacle Financial Partners Inc’s holdings in Vanguard FTSE Developed Markets ETF were worth $44,401,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VEA. IFS Advisors LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter valued at $35,000. Armstrong Advisory Group Inc. grew its stake in shares of Vanguard FTSE Developed Markets ETF by 210.1% during the second quarter. Armstrong Advisory Group Inc. now owns 831 shares of the company’s stock worth $47,000 after purchasing an additional 563 shares during the period. Elevation Point Wealth Partners LLC bought a new stake in Vanguard FTSE Developed Markets ETF in the second quarter valued at about $48,000. Kilter Group LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the second quarter valued at about $49,000. Finally, Mid American Wealth Advisory Group Inc. bought a new position in Vanguard FTSE Developed Markets ETF during the second quarter worth about $52,000.

Vanguard FTSE Developed Markets ETF Trading Up 0.3%

Vanguard FTSE Developed Markets ETF stock opened at $65.14 on Friday. The firm has a market capitalization of $201.78 billion, a P/E ratio of 16.34 and a beta of 0.87. The business has a 50-day moving average of $62.29 and a 200-day moving average of $60.15. Vanguard FTSE Developed Markets ETF has a 1 year low of $45.14 and a 1 year high of $65.18.

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.