Principal Financial Group Inc. Purchases 348,989 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Principal Financial Group Inc. raised its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 308.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 462,230 shares of the company’s stock after purchasing an additional 348,989 shares during the quarter. Principal Financial Group Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $24,410,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Sunbelt Securities Inc. increased its stake in Vanguard FTSE Developed Markets ETF by 1.8% in the 2nd quarter. Sunbelt Securities Inc. now owns 11,686 shares of the company’s stock valued at $578,000 after buying an additional 205 shares during the last quarter. Patriot Financial Group Insurance Agency LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 0.3% during the third quarter. Patriot Financial Group Insurance Agency LLC now owns 65,927 shares of the company’s stock worth $3,482,000 after acquiring an additional 205 shares during the period. Optimum Investment Advisors boosted its position in Vanguard FTSE Developed Markets ETF by 1.7% in the third quarter. Optimum Investment Advisors now owns 12,644 shares of the company’s stock worth $668,000 after purchasing an additional 207 shares during the last quarter. Olistico Wealth LLC grew its stake in Vanguard FTSE Developed Markets ETF by 13.9% in the 3rd quarter. Olistico Wealth LLC now owns 1,708 shares of the company’s stock valued at $90,000 after purchasing an additional 208 shares during the period. Finally, MTM Investment Management LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 1.5% during the 3rd quarter. MTM Investment Management LLC now owns 14,238 shares of the company’s stock valued at $743,000 after purchasing an additional 208 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA:VEA opened at $48.04 on Thursday. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.91 and a fifty-two week high of $53.40. The company’s 50-day moving average is $50.00 and its 200 day moving average is $50.53. The company has a market capitalization of $125.86 billion, a P/E ratio of 13.32 and a beta of 0.88.

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.