Vanguard Total Stock Market ETF $VTI is Seaside Wealth Management Inc.’s Largest Position

Seaside Wealth Management Inc. increased its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 2.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 355,403 shares of the company’s stock after buying an additional 7,059 shares during the quarter. Vanguard Total Stock Market ETF comprises 32.1% of Seaside Wealth Management Inc.’s portfolio, making the stock its largest position. Seaside Wealth Management Inc.’s holdings in Vanguard Total Stock Market ETF were worth $114,017,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Cardinal Point Capital Management ULC grew its position in shares of Vanguard Total Stock Market ETF by 5.2% during the first quarter. Cardinal Point Capital Management ULC now owns 611,956 shares of the company’s stock worth $196,322,000 after buying an additional 30,152 shares in the last quarter. Ervin Investment Management LLC raised its holdings in Vanguard Total Stock Market ETF by 121.5% in the fourth quarter. Ervin Investment Management LLC now owns 3,668 shares of the company’s stock valued at $1,230,000 after acquiring an additional 2,012 shares in the last quarter. Serenus Wealth Advisors LLC boosted its stake in Vanguard Total Stock Market ETF by 31.7% during the 4th quarter. Serenus Wealth Advisors LLC now owns 33,831 shares of the company’s stock valued at $11,343,000 after acquiring an additional 8,144 shares during the last quarter. Rolek Wealth Management LLC grew its holdings in Vanguard Total Stock Market ETF by 7.5% during the 4th quarter. Rolek Wealth Management LLC now owns 25,652 shares of the company’s stock worth $8,600,000 after acquiring an additional 1,799 shares in the last quarter. Finally, Diversified Management Inc. bought a new stake in shares of Vanguard Total Stock Market ETF in the 4th quarter worth about $5,067,000. 28.92% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Stock Performance

Shares of Vanguard Total Stock Market ETF stock traded up $1.24 during trading on Friday, reaching $372.69. The company had a trading volume of 2,761,395 shares, compared to its average volume of 5,009,340. Vanguard Total Stock Market ETF has a fifty-two week low of $304.00 and a fifty-two week high of $374.70. The firm’s fifty day moving average is $366.55 and its 200-day moving average is $347.33. The company has a market cap of $668.08 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01.

Vanguard Total Stock Market ETF Profile

Vanguard Total Stock Market ETF (the Fund) is an exchange-traded share class of Vanguard Total Stock Market Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the of the MSCI US Broad Market Index, which represents 99.5% or more of the total market capitalization of all of the United States common stocks traded on the New York and American Stock Exchanges and the Nasdaq over-the-counter market. The Fund typically holds the largest 1,200 to 1,300 stocks in its target index (covering nearly 95% of the index’s total market capitalization) and a representative sample of the remaining stocks.