Vanguard Total Stock Market ETF $VTI Stock Position Raised by SP Asset Management LLC

SP Asset Management LLC boosted its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 33.7% during the third quarter, HoldingsChannel.com reports. The fund owned 6,560 shares of the company’s stock after acquiring an additional 1,652 shares during the period. SP Asset Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $2,153,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Peak Retirement Planning Inc. grew its holdings in shares of Vanguard Total Stock Market ETF by 28.3% during the third quarter. Peak Retirement Planning Inc. now owns 17,480 shares of the company’s stock valued at $5,736,000 after purchasing an additional 3,856 shares during the last quarter. Mission Wealth Management LP boosted its position in Vanguard Total Stock Market ETF by 5.9% during the 3rd quarter. Mission Wealth Management LP now owns 347,406 shares of the company’s stock valued at $114,008,000 after purchasing an additional 19,477 shares during the period. Parker Investment Management LLC grew its stake in Vanguard Total Stock Market ETF by 17.7% during the 3rd quarter. Parker Investment Management LLC now owns 2,266 shares of the company’s stock worth $744,000 after buying an additional 341 shares during the last quarter. Morling Financial Advisors LLC increased its position in Vanguard Total Stock Market ETF by 3.4% in the third quarter. Morling Financial Advisors LLC now owns 119,501 shares of the company’s stock worth $39,217,000 after buying an additional 3,954 shares during the period. Finally, Money Concepts Capital Corp lifted its stake in Vanguard Total Stock Market ETF by 17.3% in the third quarter. Money Concepts Capital Corp now owns 13,109 shares of the company’s stock valued at $4,302,000 after buying an additional 1,933 shares during the last quarter. 28.92% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Stock Performance

Shares of VTI opened at $342.48 on Tuesday. The firm has a fifty day moving average of $338.37 and a 200-day moving average of $328.55. The company has a market cap of $583.21 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02. Vanguard Total Stock Market ETF has a 1 year low of $236.42 and a 1 year high of $344.42.

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.