Philip James Wealth Mangement LLC Increases Position in Vanguard Total Stock Market ETF $VTI

Philip James Wealth Mangement LLC lifted its position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 7.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 45,802 shares of the company’s stock after buying an additional 3,303 shares during the quarter. Vanguard Total Stock Market ETF makes up 1.8% of Philip James Wealth Mangement LLC’s holdings, making the stock its 8th largest holding. Philip James Wealth Mangement LLC’s holdings in Vanguard Total Stock Market ETF were worth $15,031,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in VTI. Toth Financial Advisory Corp purchased a new stake in shares of Vanguard Total Stock Market ETF in the 2nd quarter worth approximately $27,000. MJT & Associates Financial Advisory Group Inc. raised its stake in Vanguard Total Stock Market ETF by 165.7% in the second quarter. MJT & Associates Financial Advisory Group Inc. now owns 93 shares of the company’s stock worth $28,000 after buying an additional 58 shares in the last quarter. Evolution Wealth Management Inc. purchased a new stake in Vanguard Total Stock Market ETF during the second quarter worth $29,000. Strategic Wealth Investment Group LLC bought a new stake in Vanguard Total Stock Market ETF during the 2nd quarter valued at $33,000. Finally, Anfield Capital Management LLC purchased a new position in shares of Vanguard Total Stock Market ETF in the 2nd quarter valued at $45,000. 28.92% of the stock is currently owned by institutional investors.

Vanguard Total Stock Market ETF Price Performance

Shares of NYSEARCA VTI opened at $342.40 on Friday. The business has a fifty day moving average price of $334.64 and a 200 day moving average price of $324.41. Vanguard Total Stock Market ETF has a 1-year low of $236.42 and a 1-year high of $342.94. The stock has a market capitalization of $583.07 billion, a P/E ratio of 24.26 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. 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.