Cornerstone Wealth Group LLC Makes New $208,000 Investment in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Cornerstone Wealth Group LLC bought a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 4,357 shares of the company’s stock, valued at approximately $208,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Creative Planning grew its position in shares of Vanguard FTSE Developed Markets ETF by 3.8% during the 3rd quarter. Creative Planning now owns 145,118,743 shares of the company’s stock worth $7,663,721,000 after purchasing an additional 5,341,481 shares in the last quarter. WealthNavi Inc. boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 5.6% in the third quarter. WealthNavi Inc. now owns 46,095,601 shares of the company’s stock valued at $2,434,309,000 after buying an additional 2,436,012 shares during the period. International Assets Investment Management LLC grew its position in Vanguard FTSE Developed Markets ETF by 5,209.5% during the third quarter. International Assets Investment Management LLC now owns 1,895,439 shares of the company’s stock worth $100,098,000 after buying an additional 1,859,740 shares in the last quarter. Cerity Partners LLC increased its stake in Vanguard FTSE Developed Markets ETF by 12.4% during the 3rd quarter. Cerity Partners LLC now owns 15,432,650 shares of the company’s stock worth $814,998,000 after acquiring an additional 1,700,587 shares during the period. Finally, Eastern Bank increased its stake in Vanguard FTSE Developed Markets ETF by 171.7% during the 3rd quarter. Eastern Bank now owns 2,065,764 shares of the company’s stock worth $109,093,000 after acquiring an additional 1,305,539 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA:VEA opened at $49.93 on Tuesday. The company has a market cap of $130.82 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $46.72 and a fifty-two week high of $53.40. The stock has a fifty day moving average price of $49.03 and a 200-day moving average price of $50.28.

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.