Nicholas Hoffman & Company LLC. Has $61.22 Million Stock Holdings in Vanguard Total Stock Market ETF $VTI

Nicholas Hoffman & Company LLC. raised its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 13.1% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 186,538 shares of the company’s stock after buying an additional 21,670 shares during the period. Vanguard Total Stock Market ETF comprises approximately 1.5% of Nicholas Hoffman & Company LLC.’s holdings, making the stock its 11th largest holding. Nicholas Hoffman & Company LLC.’s holdings in Vanguard Total Stock Market ETF were worth $61,216,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in VTI. Evolution Wealth Management Inc. bought a new position in Vanguard Total Stock Market ETF in the second quarter valued at about $29,000. Strategic Wealth Investment Group LLC acquired a new position in 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 about $45,000. Clear Investment Research LLC acquired a new stake in shares of Vanguard Total Stock Market ETF during the 3rd quarter worth approximately $51,000. Finally, Glassy Mountain Advisors Inc. bought a new stake in shares of Vanguard Total Stock Market ETF during the third quarter worth approximately $57,000. Institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

Shares of VTI stock opened at $338.77 on Friday. The firm’s 50 day moving average price is $339.64 and its two-hundred day moving average price is $331.97. Vanguard Total Stock Market ETF has a 52-week low of $236.42 and a 52-week high of $344.42. The stock has a market cap of $576.89 billion, a PE 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.