Abacus Planning Group Inc. Acquires 35,420 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Abacus Planning Group Inc. grew its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 9.0% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 427,479 shares of the company’s stock after buying an additional 35,420 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for 3.8% of Abacus Planning Group Inc.’s investment portfolio, making the stock its 6th largest position. Abacus Planning Group Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $21,729,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Bank of America Corp DE increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 6.6% in the fourth quarter. Bank of America Corp DE now owns 175,393,114 shares of the company’s stock valued at $8,387,299,000 after purchasing an additional 10,807,527 shares during the last quarter. Betterment LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 8.0% during the 4th quarter. Betterment LLC now owns 137,485,176 shares of the company’s stock worth $6,574,541,000 after purchasing an additional 10,132,168 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in Vanguard FTSE Developed Markets ETF by 1.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 98,087,890 shares of the company’s stock valued at $4,690,563,000 after purchasing an additional 1,599,089 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of Vanguard FTSE Developed Markets ETF by 4.0% during the fourth quarter. Wells Fargo & Company MN now owns 65,258,786 shares of the company’s stock worth $3,120,675,000 after purchasing an additional 2,488,154 shares in the last quarter. Finally, WealthNavi Inc. increased its stake in Vanguard FTSE Developed Markets ETF by 0.7% in the first quarter. WealthNavi Inc. now owns 49,789,539 shares of the company’s stock valued at $2,530,802,000 after purchasing an additional 362,543 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA VEA opened at $56.28 on Friday. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.14 and a 1-year high of $56.37. The stock has a fifty day moving average price of $52.55 and a 200 day moving average price of $50.99. The company has a market cap of $160.40 billion, a PE ratio of 16.52 and a beta of 0.87.

About Vanguard FTSE Developed Markets ETF

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.