Seaside Wealth Management Inc. Raises Stock Position in Vanguard FTSE Developed Markets ETF $VEA

Seaside Wealth Management Inc. raised its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.3% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 895,783 shares of the company’s stock after purchasing an additional 11,513 shares during the period. Vanguard FTSE Developed Markets ETF accounts for approximately 16.1% of Seaside Wealth Management Inc.’s holdings, making the stock its 2nd biggest position. Seaside Wealth Management Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $57,402,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 2.1% during the fourth quarter. Bank of America Corp DE now owns 205,758,023 shares of the company’s stock valued at $12,853,704,000 after buying an additional 4,289,361 shares during the last quarter. Betterment LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 0.8% in the 4th quarter. Betterment LLC now owns 138,588,366 shares of the company’s stock worth $8,657,615,000 after buying an additional 1,140,627 shares in the last quarter. Morgan Stanley grew its holdings in Vanguard FTSE Developed Markets ETF by 44.0% in the 4th quarter. Morgan Stanley now owns 90,491,038 shares of the company’s stock worth $5,652,975,000 after buying an additional 27,650,637 shares in the last quarter. Auto Owners Insurance Co increased its position in Vanguard FTSE Developed Markets ETF by 6,941.5% in the 4th quarter. Auto Owners Insurance Co now owns 73,636,513 shares of the company’s stock valued at $4,600,073,000 after acquiring an additional 72,590,763 shares during the period. Finally, Wells Fargo & Company MN increased its position in Vanguard FTSE Developed Markets ETF by 1.3% in the 4th quarter. Wells Fargo & Company MN now owns 64,314,341 shares of the company’s stock valued at $4,017,717,000 after acquiring an additional 848,196 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Up 0.4%

Vanguard FTSE Developed Markets ETF stock traded up $0.26 during mid-day trading on Friday, hitting $70.99. 12,686,380 shares of the company’s stock traded hands, compared to its average volume of 16,395,793. Vanguard FTSE Developed Markets ETF has a one year low of $55.68 and a one year high of $73.23. The firm has a 50 day moving average price of $70.80 and a 200 day moving average price of $67.69. The company has a market cap of $230.00 billion, a PE ratio of 16.34 and a beta of 0.83.

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.