Seaside Wealth Management Inc. Buys 11,513 Shares of Vanguard FTSE Developed Markets ETF $VEA

Seaside Wealth Management Inc. grew its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.3% during the first quarter, Holdings Channel reports. The institutional investor owned 895,783 shares of the company’s stock after acquiring an additional 11,513 shares during the period. Vanguard FTSE Developed Markets ETF makes up about 16.1% of Seaside Wealth Management Inc.’s holdings, making the stock its 2nd largest 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.

A number of other institutional investors also recently made changes to their positions in the stock. Cherry Creek Investment Advisors Inc. increased its stake in shares of Vanguard FTSE Developed Markets ETF by 1.6% during the first quarter. Cherry Creek Investment Advisors Inc. now owns 9,836 shares of the company’s stock valued at $630,000 after acquiring an additional 151 shares during the period. Mascagni Wealth Management Inc. raised its holdings in Vanguard FTSE Developed Markets ETF by 2.1% during the fourth quarter. Mascagni Wealth Management Inc. now owns 7,231 shares of the company’s stock worth $452,000 after purchasing an additional 152 shares in the last quarter. TL Private Wealth lifted its position in Vanguard FTSE Developed Markets ETF by 1.7% in the fourth quarter. TL Private Wealth now owns 9,396 shares of the company’s stock worth $606,000 after purchasing an additional 155 shares during the period. River Wealth Advisors LLC lifted its position in Vanguard FTSE Developed Markets ETF by 1.3% in the fourth quarter. River Wealth Advisors LLC now owns 12,143 shares of the company’s stock worth $759,000 after purchasing an additional 161 shares during the period. Finally, Belpointe Asset Management LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 0.5% during the 4th quarter. Belpointe Asset Management LLC now owns 34,529 shares of the company’s stock valued at $2,157,000 after purchasing an additional 162 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

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

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.