Seaside Wealth Management Inc. Raises Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Seaside Wealth Management Inc. increased its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 750,236 shares of the company’s stock after buying an additional 34,093 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for approximately 15.0% of Seaside Wealth Management Inc.’s holdings, making the stock its 2nd biggest holding. Seaside Wealth Management Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $39,620,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bangor Savings Bank grew its position in shares of Vanguard FTSE Developed Markets ETF by 0.4% in the 2nd quarter. Bangor Savings Bank now owns 51,300 shares of the company’s stock worth $2,535,000 after buying an additional 201 shares during the last quarter. Sunbelt Securities Inc. lifted its stake in Vanguard FTSE Developed Markets ETF by 1.8% in the second quarter. Sunbelt Securities Inc. now owns 11,686 shares of the company’s stock worth $578,000 after acquiring an additional 205 shares during the period. Patriot Financial Group Insurance Agency LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 0.3% in the third quarter. Patriot Financial Group Insurance Agency LLC now owns 65,927 shares of the company’s stock valued at $3,482,000 after acquiring an additional 205 shares in the last quarter. Optimum Investment Advisors increased its position in Vanguard FTSE Developed Markets ETF by 1.7% during the 3rd quarter. Optimum Investment Advisors now owns 12,644 shares of the company’s stock valued at $668,000 after purchasing an additional 207 shares during the period. Finally, Olistico Wealth LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 13.9% in the 3rd quarter. Olistico Wealth LLC now owns 1,708 shares of the company’s stock worth $90,000 after purchasing an additional 208 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 0.5 %

NYSEARCA:VEA opened at $50.46 on Thursday. The company has a 50-day moving average price of $51.71 and a 200-day moving average price of $50.55. The stock has a market cap of $132.21 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 12 month low of $42.03 and a 12 month high of $53.40.

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.