Vanguard FTSE Developed Markets ETF $VEA Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lowered its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,084,586 shares of the company’s stock after selling 419,021 shares during the quarter. PNC Financial Services Group Inc. owned about 0.25% of Vanguard FTSE Developed Markets ETF worth $518,060,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE boosted its holdings in Vanguard FTSE Developed Markets ETF by 2.1% in the 4th quarter. Bank of America Corp DE now owns 205,758,023 shares of the company’s stock valued at $12,853,704,000 after purchasing an additional 4,289,361 shares during the last quarter. Betterment LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 0.8% in the 4th quarter. Betterment LLC now owns 138,588,366 shares of the company’s stock valued at $8,657,615,000 after buying an additional 1,140,627 shares during the period. Morgan Stanley increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 44.0% during the 4th quarter. Morgan Stanley now owns 90,491,038 shares of the company’s stock worth $5,652,975,000 after buying an additional 27,650,637 shares during the last quarter. Auto Owners Insurance Co increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 6,941.5% during the 4th quarter. Auto Owners Insurance Co now owns 73,636,513 shares of the company’s stock worth $4,600,073,000 after buying an additional 72,590,763 shares during the last quarter. Finally, Wells Fargo & Company MN raised its position in shares of Vanguard FTSE Developed Markets ETF by 1.3% during the 4th quarter. Wells Fargo & Company MN now owns 64,314,341 shares of the company’s stock valued at $4,017,717,000 after buying an additional 848,196 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA stock opened at $70.47 on Wednesday. Vanguard FTSE Developed Markets ETF has a one year low of $55.68 and a one year high of $73.23. The firm has a market cap of $228.32 billion, a PE ratio of 16.34 and a beta of 0.83. The firm’s 50 day moving average price is $70.82 and its 200-day moving average price is $68.09.

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.