Peak Wealth Management LLC Buys Shares of 12,089 Vanguard FTSE Developed Markets ETF $VEA

Peak Wealth Management LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the fourth quarter, Holdings Channel reports. The fund bought 12,089 shares of the company’s stock, valued at approximately $755,000. Vanguard FTSE Developed Markets ETF accounts for 0.6% of Peak Wealth Management LLC’s investment portfolio, making the stock its 24th largest holding.

A number of other institutional investors have also added to or reduced their stakes in VEA. Corient Private Wealth LLC increased its position in Vanguard FTSE Developed Markets ETF by 122.9% during the 2nd quarter. Corient Private Wealth LLC now owns 41,168,047 shares of the company’s stock valued at $2,201,917,000 after purchasing an additional 22,700,179 shares during the period. Moneta Group Investment Advisors LLC boosted its position in Vanguard FTSE Developed Markets ETF by 904.9% during the 3rd quarter. Moneta Group Investment Advisors LLC now owns 10,887,168 shares of the company’s stock valued at $652,359,000 after acquiring an additional 9,803,737 shares in the last quarter. Jasper Ridge Partners L.P. increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 35.6% in the 3rd quarter. Jasper Ridge Partners L.P. now owns 20,757,883 shares of the company’s stock valued at $1,243,812,000 after acquiring an additional 5,451,849 shares during the period. Cambridge Associates LLC MA ADV increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 152.5% in the 3rd quarter. Cambridge Associates LLC MA ADV now owns 8,489,920 shares of the company’s stock valued at $508,716,000 after acquiring an additional 5,127,412 shares during the period. Finally, Mercer Global Advisors Inc. ADV raised its position in shares of Vanguard FTSE Developed Markets ETF by 16.8% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 33,413,896 shares of the company’s stock worth $2,002,157,000 after acquiring an additional 4,798,488 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA opened at $70.83 on Monday. The firm has a market cap of $227.17 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 12 month low of $53.51 and a 12 month high of $71.12. The stock has a fifty day moving average price of $66.56 and a 200-day moving average price of $64.62.

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.