Correct Capital Wealth Management: Significant ETF Purchases & Sales Observed in Q3 2026 Portfolio

As of Correct Capital Wealth Management's latest filing dated 2026-06-30, the investment firm's portfolio has undergone notable changes during Q3. The total portfolio value remains substantial at $575 million.

Key Portfolio Changes in Q3 2026

Holding Count: This quarter saw activity across a wide range of holdings, with the portfolio containing Correct Capital's investments totaling 105 positions.

Top Holdings Stability: Despite overall changes, large-cap exposure via ITOT remains the dominant position at ITOT, accounting for approximately 15.47% of assets.

Top Five Concentration: The top five holdings still represent about half the portfolio (51.1%), maintaining a concentrated approach characteristic of many institutional strategies.

Purchase Activity Analysis

Correct Capital demonstrated significant buying activity in several ETFs during Q3:

• The firm increased its stake in ISHARES CORE S&P TOTAL U.S. STOCK MARKET ETF (ITOT) by over 20% ($8.97 million increase), reinforcing broad market exposure.
• AVANTIS INTERNATIONAL EQUITY ETF (AVDE) saw a modest but positive share change (+1.46%), adding slightly to its $72.24 million position representing 12.45% allocation.
• PIMCO MULTISECTOR BOND ACTIVE EXCHANGE-TRADED FUND (PYLD) experienced a small increase in shares, contributing minimally to the bond portion of the portfolio.

Sale/Reduction Activity Analysis

Correct Capital also showed substantial selling or reducing activity in other areas:

• The firm significantly reduced its position in AVANTIS U.S. EQUITY ETF (AVUS) by over 20% (-$5.59 million), shrinking this core equity allocation from 13.87% to 9.64%.
• JPMORGAN ACTIVE GROWTH ETF (JGRO) saw a reduction of nearly 7.7%, indicating a potential shift away from aggressive growth strategies.
• AVANTIS EMERGING MARKETS EQUITY ETF (AVEM) experienced a notable decrease (-$3.08 million), reducing its allocation by over 6% to $25.12 million.

Individual Stock Transactions

In addition to ETF movements, Correct Capital made direct investments in individual stocks:

• The firm added a position in VANGUARD INFORMATION TECHNOLOGY ETF (VGT), increasing its allocation by an impressive 700%.
• CORRECT CAPITAL WEALTH MANAGEMENT noted purchases of SERVICENOW INC COM (NOW) and QUALCOMM INC COM (QCOM).

  Overall Portfolio Indicator Summary

  The portfolio maintained a diversified approach despite changes, with investments spread across various sectors. Technology holdings increased slightly to $33.25 million (+0.49%), while Financial Services allocation remained unchanged at $27.37 million.