Rakuten Investment Management Inc. Makes New Investment in Vanguard Total Stock Market ETF $VTI

Rakuten Investment Management Inc. purchased a new position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 47,479,738 shares of the company’s stock, valued at approximately $15,530,622,000. Vanguard Total Stock Market ETF comprises 50.2% of Rakuten Investment Management Inc.’s investment portfolio, making the stock its biggest position. Rakuten Investment Management Inc. owned approximately 2.85% of Vanguard Total Stock Market ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. MJT & Associates Financial Advisory Group Inc. raised its holdings in Vanguard Total Stock Market ETF by 165.7% during the second quarter. MJT & Associates Financial Advisory Group Inc. now owns 93 shares of the company’s stock valued at $28,000 after buying an additional 58 shares in the last quarter. Evolution Wealth Management Inc. bought a new stake in shares of Vanguard Total Stock Market ETF during the 2nd quarter worth about $29,000. Strategic Wealth Investment Group LLC acquired a new position in shares of Vanguard Total Stock Market ETF during the 2nd quarter valued at about $33,000. Anfield Capital Management LLC bought a new position in shares of Vanguard Total Stock Market ETF in the 2nd quarter valued at approximately $45,000. Finally, Berkshire Money Management Inc. bought a new position in shares of Vanguard Total Stock Market ETF in the 2nd quarter valued at approximately $60,000. Institutional investors and hedge funds own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Down 2.0%

Shares of Vanguard Total Stock Market ETF stock opened at $335.11 on Wednesday. Vanguard Total Stock Market ETF has a 12-month low of $236.42 and a 12-month high of $343.67. The stock has a 50 day moving average price of $335.77 and a two-hundred day moving average price of $326.37. The stock has a market capitalization of $570.66 billion, a P/E 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.