Root Financial Partners LLC Boosts Stake in Vanguard Total Stock Market ETF $VTI

Root Financial Partners LLC lifted its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 38.0% in the 3rd quarter, Holdings Channel reports. The fund owned 94,729 shares of the company’s stock after acquiring an additional 26,086 shares during the quarter. Vanguard Total Stock Market ETF accounts for 1.9% of Root Financial Partners LLC’s holdings, making the stock its 14th biggest holding. Root Financial Partners LLC’s holdings in Vanguard Total Stock Market ETF were worth $31,087,000 as of its most recent SEC filing.

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

Vanguard Total Stock Market ETF Stock Performance

VTI stock opened at $341.85 on Tuesday. The firm has a 50 day moving average price of $335.78 and a 200-day moving average price of $326.17. Vanguard Total Stock Market ETF has a 52-week low of $236.42 and a 52-week high of $343.67. The firm has a market capitalization of $582.13 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02.

Vanguard Total Stock Market ETF Company 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.