Seaside Wealth Management Inc. Grows Position in Vanguard Total Stock Market ETF $VTI

Seaside Wealth Management Inc. lifted its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 0.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 348,344 shares of the company’s stock after purchasing an additional 1,788 shares during the period. Vanguard Total Stock Market ETF accounts for 33.3% of Seaside Wealth Management Inc.’s holdings, making the stock its biggest position. Seaside Wealth Management Inc.’s holdings in Vanguard Total Stock Market ETF were worth $116,790,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in VTI. 71 West Capital Partners acquired a new stake in shares of Vanguard Total Stock Market ETF during the 4th quarter worth $2,686,000. Faithward Advisors LLC raised its stake in shares of Vanguard Total Stock Market ETF by 4.5% during the fourth quarter. Faithward Advisors LLC now owns 16,468 shares of the company’s stock valued at $5,521,000 after acquiring an additional 715 shares during the last quarter. Innovative Wealth Building LLC lifted its holdings in shares of Vanguard Total Stock Market ETF by 27.9% during the fourth quarter. Innovative Wealth Building LLC now owns 2,167 shares of the company’s stock worth $727,000 after purchasing an additional 473 shares during the period. Oarsman Capital Inc. lifted its holdings in shares of Vanguard Total Stock Market ETF by 21.3% during the fourth quarter. Oarsman Capital Inc. now owns 5,078 shares of the company’s stock worth $1,703,000 after purchasing an additional 891 shares during the period. Finally, Okabena Investment Services Inc. acquired a new position in shares of Vanguard Total Stock Market ETF during the fourth quarter worth $423,000. Institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Trading Up 1.7%

Shares of VTI stock opened at $372.53 on Tuesday. The stock has a market cap of $650.89 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. The stock has a 50-day moving average of $356.75 and a 200-day moving average of $343.06. Vanguard Total Stock Market ETF has a 1-year low of $291.97 and a 1-year high of $374.70.

About Vanguard Total Stock Market ETF

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.