Seaside Wealth Management Inc. Acquires 12,060 Shares of Vanguard FTSE Developed Markets ETF $VEA

Seaside Wealth Management Inc. raised its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 884,270 shares of the company’s stock after buying an additional 12,060 shares during the period. Vanguard FTSE Developed Markets ETF accounts for 15.8% of Seaside Wealth Management Inc.’s portfolio, making the stock its 2nd biggest position. Seaside Wealth Management Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $55,240,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in VEA. Betterment LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.8% during the fourth quarter. Betterment LLC now owns 138,588,366 shares of the company’s stock valued at $8,657,615,000 after buying an additional 1,140,627 shares during the last quarter. Morgan Stanley grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 44.0% during the fourth quarter. Morgan Stanley now owns 90,491,038 shares of the company’s stock valued at $5,652,975,000 after buying an additional 27,650,637 shares during the last quarter. Wells Fargo & Company MN grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.3% during the fourth quarter. Wells Fargo & Company MN now owns 64,314,341 shares of the company’s stock valued at $4,017,717,000 after buying an additional 848,196 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 6.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 61,886,335 shares of the company’s stock valued at $3,866,039,000 after buying an additional 3,757,877 shares during the last quarter. Finally, Wealthfront Advisers LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.6% during the fourth quarter. Wealthfront Advisers LLC now owns 58,685,582 shares of the company’s stock valued at $3,666,088,000 after buying an additional 375,614 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA opened at $72.39 on Tuesday. The firm has a market capitalization of $232.17 billion, a PE ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 1-year low of $54.63 and a 1-year high of $72.80. The company’s fifty day moving average price is $69.48 and its 200-day moving average price is $66.50.

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.