Vawter Financial Ltd. Takes $2.08 Million Position in Vanguard Total Stock Market ETF $VTI

Vawter Financial Ltd. purchased a new stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the 3rd quarter, Holdings Channel reports. The fund purchased 6,327 shares of the company’s stock, valued at approximately $2,076,000. Vanguard Total Stock Market ETF comprises approximately 0.9% of Vawter Financial Ltd.’s holdings, making the stock its 25th biggest position.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Evolution Wealth Management Inc. bought a new stake in shares of Vanguard Total Stock Market ETF in the 2nd quarter worth $29,000. Strategic Wealth Investment Group LLC purchased a new stake in shares of Vanguard Total Stock Market ETF during the second quarter valued at $33,000. Anfield Capital Management LLC bought a new stake in Vanguard Total Stock Market ETF in the 2nd quarter worth about $45,000. Clear Investment Research LLC purchased a new position in Vanguard Total Stock Market ETF in the 3rd quarter worth about $51,000. Finally, Glassy Mountain Advisors Inc. bought a new position in Vanguard Total Stock Market ETF during the 3rd quarter valued at about $57,000. 28.92% of the stock is owned by institutional investors.

Vanguard Total Stock Market ETF Trading Up 0.8%

NYSEARCA:VTI opened at $339.21 on Wednesday. The company has a market cap of $577.64 billion, a PE ratio of 24.26 and a beta of 1.02. The company has a 50 day simple moving average of $339.23 and a two-hundred day simple moving average of $331.66. Vanguard Total Stock Market ETF has a 12 month low of $236.42 and a 12 month high of $344.42.

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.