Seaside Wealth Management Inc. Has $55.24 Million Position in Vanguard FTSE Developed Markets ETF $VEA

Seaside Wealth Management Inc. increased its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 884,270 shares of the company’s stock after buying an additional 12,060 shares during the period. Vanguard FTSE Developed Markets ETF comprises approximately 15.8% of Seaside Wealth Management Inc.’s investment portfolio, making the stock its 2nd biggest holding. Seaside Wealth Management Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $55,240,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Nova Wealth Management Inc. raised its stake in Vanguard FTSE Developed Markets ETF by 151.5% in the fourth quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock worth $26,000 after buying an additional 253 shares in the last quarter. GGM Financials LLC bought a new position in Vanguard FTSE Developed Markets ETF in the third quarter worth approximately $27,000. Ulland Investment Advisors LLC raised its stake in Vanguard FTSE Developed Markets ETF by 75.6% in the third quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after buying an additional 242 shares in the last quarter. Strategic Wealth Advisors LLC bought a new position in Vanguard FTSE Developed Markets ETF in the fourth quarter worth approximately $35,000. Finally, Quaker Wealth Management LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 7,637.5% during the fourth quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock worth $39,000 after purchasing an additional 611 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 1.2%

Shares of VEA stock opened at $72.39 on Tuesday. The business’s fifty day simple moving average is $69.48 and its 200-day simple moving average is $66.50. The company has a market cap of $232.17 billion, a PE ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 12-month low of $54.63 and a 12-month high of $72.80.

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.