Vanguard Total Stock Market ETF $VTI Stake Lifted by Financial Alternatives Inc

Financial Alternatives Inc raised its position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 4.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 34,302 shares of the company’s stock after purchasing an additional 1,547 shares during the period. Vanguard Total Stock Market ETF comprises 6.8% of Financial Alternatives Inc’s portfolio, making the stock its 4th biggest position. Financial Alternatives Inc’s holdings in Vanguard Total Stock Market ETF were worth $11,257,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in VTI. Evolution Wealth Management Inc. purchased a new position in Vanguard Total Stock Market ETF during the 2nd quarter valued at about $29,000. Strategic Wealth Investment Group LLC bought a new position in shares of Vanguard Total Stock Market ETF during the second quarter valued at approximately $33,000. Anfield Capital Management LLC bought a new position in shares of Vanguard Total Stock Market ETF during the second quarter valued at approximately $45,000. Flagship Wealth Advisors LLC increased its holdings in Vanguard Total Stock Market ETF by 24.1% during the third quarter. Flagship Wealth Advisors LLC now owns 232 shares of the company’s stock valued at $76,000 after buying an additional 45 shares during the period. Finally, Bank of Jackson Hole Trust raised its stake in Vanguard Total Stock Market ETF by 15.9% in the second quarter. Bank of Jackson Hole Trust now owns 240 shares of the company’s stock worth $73,000 after buying an additional 33 shares in the last quarter. 28.92% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Stock Down 0.8%

Vanguard Total Stock Market ETF stock opened at $339.85 on Wednesday. The firm has a market cap of $578.73 billion, a P/E ratio of 24.26 and a beta of 1.02. The business has a fifty day moving average of $338.52 and a two-hundred day moving average of $328.76. Vanguard Total Stock Market ETF has a twelve month low of $236.42 and a twelve month 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.