Sequoia Financial Advisors LLC Acquires 72,261 Shares of Vanguard Total Stock Market ETF $VTI

Sequoia Financial Advisors LLC raised its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 1.9% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 3,787,743 shares of the company’s stock after purchasing an additional 72,261 shares during the period. Vanguard Total Stock Market ETF makes up 6.8% of Sequoia Financial Advisors LLC’s portfolio, making the stock its biggest position. Sequoia Financial Advisors LLC’s holdings in Vanguard Total Stock Market ETF were worth $1,215,146,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VTI. Cardinal Point Capital Management ULC boosted its stake in Vanguard Total Stock Market ETF by 5.2% in the 1st quarter. Cardinal Point Capital Management ULC now owns 611,956 shares of the company’s stock valued at $196,322,000 after buying an additional 30,152 shares in the last quarter. Ervin Investment Management LLC raised its stake in Vanguard Total Stock Market ETF by 121.5% during the fourth quarter. Ervin Investment Management LLC now owns 3,668 shares of the company’s stock worth $1,230,000 after acquiring an additional 2,012 shares in the last quarter. Serenus Wealth Advisors LLC lifted its holdings in shares of Vanguard Total Stock Market ETF by 31.7% during the fourth quarter. Serenus Wealth Advisors LLC now owns 33,831 shares of the company’s stock valued at $11,343,000 after acquiring an additional 8,144 shares during the period. Rolek Wealth Management LLC lifted its holdings in shares of Vanguard Total Stock Market ETF by 7.5% during the fourth quarter. Rolek Wealth Management LLC now owns 25,652 shares of the company’s stock valued at $8,600,000 after acquiring an additional 1,799 shares during the period. Finally, Diversified Management Inc. acquired a new stake in shares of Vanguard Total Stock Market ETF in the 4th quarter valued at $5,067,000. 28.92% of the stock is owned by institutional investors.

Vanguard Total Stock Market ETF Price Performance

Shares of VTI traded up $1.24 during trading hours on Friday, hitting $372.69. The stock had a trading volume of 2,761,395 shares, compared to its average volume of 5,009,340. The company’s fifty day moving average is $366.55 and its two-hundred day moving average is $347.33. Vanguard Total Stock Market ETF has a 52 week low of $304.00 and a 52 week high of $374.70. The stock has a market capitalization of $668.08 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01.

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.