Principal Financial Group Inc. Decreases Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Principal Financial Group Inc. lowered its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 6.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 430,156 shares of the company’s stock after selling 32,074 shares during the period. Principal Financial Group Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $20,570,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in VEA. Brown Lisle Cummings Inc. raised its position in shares of Vanguard FTSE Developed Markets ETF by 5.5% in the 4th quarter. Brown Lisle Cummings Inc. now owns 3,842 shares of the company’s stock valued at $184,000 after purchasing an additional 200 shares in the last quarter. Patriot Financial Group Insurance Agency LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 0.3% in the third quarter. Patriot Financial Group Insurance Agency LLC now owns 65,927 shares of the company’s stock valued at $3,482,000 after acquiring an additional 205 shares in the last quarter. MTM Investment Management LLC boosted its stake in 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 acquiring an additional 208 shares during the last quarter. O Connor Financial Group LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 3.4% during the 4th quarter. O Connor Financial Group LLC now owns 6,318 shares of the company’s stock worth $302,000 after acquiring an additional 210 shares in the last quarter. Finally, Carmel Capital Partners LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 3.1% in the 3rd quarter. Carmel Capital Partners LLC now owns 7,600 shares of the company’s stock worth $401,000 after purchasing an additional 226 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA stock opened at $51.19 on Tuesday. The company’s 50-day simple moving average is $49.32 and its 200-day simple moving average is $50.38. Vanguard FTSE Developed Markets ETF has a one year low of $46.79 and a one year high of $53.40. The stock has a market capitalization of $134.12 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88.

About Vanguard FTSE Developed Markets ETF

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.