Seaside Wealth Management Inc. Increases Stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Seaside Wealth Management Inc. grew its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 1.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 304,483 shares of the company’s stock after buying an additional 3,282 shares during the period. Vanguard Total Stock Market ETF accounts for approximately 33.8% of Seaside Wealth Management Inc.’s portfolio, making the stock its largest holding. Seaside Wealth Management Inc.’s holdings in Vanguard Total Stock Market ETF were worth $79,135,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Friedenthal Financial bought a new position in Vanguard Total Stock Market ETF during the fourth quarter valued at approximately $26,000. MeadowBrook Investment Advisors LLC purchased a new stake in shares of Vanguard Total Stock Market ETF during the fourth quarter valued at approximately $27,000. Hexagon Capital Partners LLC boosted its stake in shares of Vanguard Total Stock Market ETF by 594.1% during the fourth quarter. Hexagon Capital Partners LLC now owns 118 shares of the company’s stock valued at $28,000 after purchasing an additional 101 shares during the period. Pineridge Advisors LLC purchased a new stake in Vanguard Total Stock Market ETF in the fourth quarter worth $43,000. Finally, Quantum Capital Management LLC NJ purchased a new stake in Vanguard Total Stock Market ETF in the fourth quarter worth $46,000.

Vanguard Total Stock Market ETF Stock Up 0.3 %

Shares of VTI stock opened at $268.39 on Monday. The stock has a fifty day moving average of $260.61 and a 200 day moving average of $251.76. Vanguard Total Stock Market ETF has a 52 week low of $202.44 and a 52 week high of $270.41. The firm has a market capitalization of $402.59 billion, a price-to-earnings ratio of 23.62 and a beta of 1.02.

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.