Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) is Cornerstone Planning Group LLC’s 2nd Largest Position

Cornerstone Planning Group LLC raised its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 5.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,065,048 shares of the company’s stock after purchasing an additional 51,804 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises about 13.1% of Cornerstone Planning Group LLC’s investment portfolio, making the stock its 2nd biggest holding. Cornerstone Planning Group LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $53,178,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Kozak & Associates Inc. increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 268.0% in the fourth 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 period. Decker Retirement Planning Inc. acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at approximately $29,000. Lummis Asset Management LP acquired a new stake in Vanguard FTSE Developed Markets ETF during the third quarter worth $34,000. Keystone Financial Group Inc. purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter worth $32,000. Finally, Crews Bank & Trust purchased a new position in Vanguard FTSE Developed Markets ETF in the fourth quarter valued at $37,000.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA VEA opened at $50.21 on Monday. The company has a market capitalization of $131.55 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. The business has a 50-day moving average of $49.13 and a two-hundred day moving average of $50.22. Vanguard FTSE Developed Markets ETF has a 1 year low of $46.72 and a 1 year high of $53.40.

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.