Vanguard Total Stock Market ETF $VTI Shares Purchased by Pinnacle Wealth Management Advisory Group LLC

Pinnacle Wealth Management Advisory Group LLC raised its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 6.5% in the first quarter, Holdings Channel.com reports. The firm owned 183,598 shares of the company’s stock after acquiring an additional 11,211 shares during the period. Vanguard Total Stock Market ETF makes up approximately 4.0% of Pinnacle Wealth Management Advisory Group LLC’s holdings, making the stock its largest holding. Pinnacle Wealth Management Advisory Group LLC’s holdings in Vanguard Total Stock Market ETF were worth $58,900,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Core Wealth Advisors LLC acquired a new position in Vanguard Total Stock Market ETF in the 4th quarter valued at approximately $30,000. Hilton Head Capital Partners LLC bought a new stake in shares of Vanguard Total Stock Market ETF in the 4th quarter worth approximately $31,000. Wealth Watch Advisors INC acquired a new stake in shares of Vanguard Total Stock Market ETF during the 3rd quarter worth approximately $31,000. Basepoint Wealth LLC acquired a new stake in shares of Vanguard Total Stock Market ETF during the 4th quarter worth approximately $32,000. Finally, Strategic Wealth Investment Group LLC acquired a new stake in shares of Vanguard Total Stock Market ETF during the 2nd quarter worth approximately $33,000. Institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Trading Down 0.5%

VTI opened at $362.22 on Friday. The stock has a market cap of $632.87 billion, a PE ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 1 year low of $301.39 and a 1 year high of $374.70. The stock’s 50 day simple moving average is $362.61 and its 200-day simple moving average is $344.95.

Vanguard Total Stock Market ETF 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.