Truist Financial Corp Raises Position in Vanguard Total Stock Market ETF $VTI

Truist Financial Corp boosted its holdings in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 3.7% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 749,536 shares of the company’s stock after buying an additional 26,964 shares during the period. Truist Financial Corp’s holdings in Vanguard Total Stock Market ETF were worth $245,975,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in VTI. Heck Capital Advisors LLC purchased a new position in Vanguard Total Stock Market ETF in the 4th quarter worth approximately $150,448,000. Alpine Bank Wealth Management bought a new stake in shares of Vanguard Total Stock Market ETF during the 2nd quarter worth $99,000. Archford Capital Strategies LLC grew its position in Vanguard Total Stock Market ETF by 12.5% in the second quarter. Archford Capital Strategies LLC now owns 2,191 shares of the company’s stock worth $666,000 after acquiring an additional 244 shares in the last quarter. Kavar Capital Partners Group LLC grew its position in Vanguard Total Stock Market ETF by 0.7% in the second quarter. Kavar Capital Partners Group LLC now owns 8,819 shares of the company’s stock worth $2,680,000 after acquiring an additional 64 shares in the last quarter. Finally, Spartan Planning & Wealth Management increased its stake in Vanguard Total Stock Market ETF by 29.4% in the second quarter. Spartan Planning & Wealth Management now owns 1,009 shares of the company’s stock valued at $307,000 after acquiring an additional 229 shares during the last quarter. 28.92% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Stock Up 0.4%

NYSEARCA VTI opened at $343.27 on Wednesday. The stock’s 50-day simple moving average is $336.96 and its two-hundred day simple moving average is $327.57. Vanguard Total Stock Market ETF has a twelve month low of $236.42 and a twelve month high of $343.73. The company has a market capitalization of $584.55 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02.

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.