Vanguard FTSE Developed Markets ETF $VEA Shares Purchased by Peapack Gladstone Financial Corp

Peapack Gladstone Financial Corp raised its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,314,164 shares of the company’s stock after acquiring an additional 45,634 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises approximately 1.0% of Peapack Gladstone Financial Corp’s investment portfolio, making the stock its 19th largest holding. Peapack Gladstone Financial Corp’s holdings in Vanguard FTSE Developed Markets ETF were worth $82,096,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Nova Wealth Management Inc. boosted its position in Vanguard FTSE Developed Markets ETF by 151.5% in the 4th quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock valued at $26,000 after buying an additional 253 shares during the period. GGM Financials LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the 3rd quarter valued at approximately $27,000. Ulland Investment Advisors LLC boosted its position in Vanguard FTSE Developed Markets ETF by 75.6% in the 3rd quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock valued at $34,000 after buying an additional 242 shares during the period. Strategic Wealth Advisors LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter valued at approximately $35,000. Finally, Quaker Wealth Management LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 7,637.5% during the 4th quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock worth $39,000 after purchasing an additional 611 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Vanguard FTSE Developed Markets ETF stock opened at $71.77 on Monday. The stock has a market cap of $230.19 billion, a P/E ratio of 16.34 and a beta of 0.83. The company has a fifty day simple moving average of $67.82 and a 200-day simple moving average of $65.69. Vanguard FTSE Developed Markets ETF has a 12-month low of $54.63 and a 12-month high of $72.23.

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.