Pinnacle Financial Partners Inc Raises Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Pinnacle Financial Partners Inc lifted its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,040,309 shares of the company’s stock after buying an additional 8,891 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises about 1.1% of Pinnacle Financial Partners Inc’s holdings, making the stock its 19th biggest holding. Pinnacle Financial Partners Inc’s holdings in Vanguard FTSE Developed Markets ETF were worth $52,025,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Kozak & Associates Inc. raised its position in Vanguard FTSE Developed Markets ETF by 268.0% in the 4th quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock valued at $27,000 after purchasing an additional 410 shares during the last quarter. Decker Retirement Planning Inc. purchased a new position in Vanguard FTSE Developed Markets ETF during the 4th quarter worth $29,000. Lummis Asset Management LP purchased a new position in Vanguard FTSE Developed Markets ETF during the 3rd quarter worth $34,000. Keystone Financial Group Inc. purchased a new position in Vanguard FTSE Developed Markets ETF during the 4th quarter worth $32,000. Finally, Roxbury Financial LLC purchased a new position in Vanguard FTSE Developed Markets ETF during the 4th quarter worth $37,000.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $51.24 on Friday. The company has a market cap of $134.25 billion, a P/E ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a one year low of $46.79 and a one year high of $53.40. The firm has a fifty day moving average of $49.29 and a two-hundred day moving average of $50.33.

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.