Seaside Wealth Management Inc. Purchases 21,917 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Seaside Wealth Management Inc. lifted its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.2% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 716,143 shares of the company’s stock after buying an additional 21,917 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises 14.7% 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 $35,392,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Transcendent Capital Group LLC grew its position in Vanguard FTSE Developed Markets ETF by 101.2% during the second quarter. Transcendent Capital Group LLC now owns 509 shares of the company’s stock worth $25,000 after buying an additional 256 shares in the last quarter. Triad Wealth Partners LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the second quarter worth $31,000. LRI Investments LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the first quarter worth $39,000. First Command Advisory Services Inc. raised its stake in Vanguard FTSE Developed Markets ETF by 379.3% in the second quarter. First Command Advisory Services Inc. now owns 786 shares of the company’s stock valued at $39,000 after purchasing an additional 622 shares in the last quarter. Finally, Gleason Group Inc. lifted its position in Vanguard FTSE Developed Markets ETF by 201.4% during the second quarter. Gleason Group Inc. now owns 856 shares of the company’s stock worth $42,000 after purchasing an additional 572 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Up 0.6 %

VEA stock opened at $51.00 on Thursday. The company’s 50-day moving average price is $50.58 and its two-hundred day moving average price is $50.03. The firm has a market cap of $133.62 billion, a P/E ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 12 month low of $41.48 and a 12 month high of $52.54.

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.