Independent Financial Group LLC Buys Shares of 123,396 Vanguard Total Stock Market ETF $VTI

Independent Financial Group LLC bought a new position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 123,396 shares of the ETF’s stock, valued at approximately $39,587,000. Vanguard Total Stock Market ETF accounts for approximately 1.2% of Independent Financial Group LLC’s investment portfolio, making the stock its 8th largest holding.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. grew its position in shares of Vanguard Total Stock Market ETF by 3.8% during the 4th quarter. Vanguard Group Inc. now owns 62,622,049 shares of the ETF’s stock valued at $20,995,293,000 after buying an additional 2,291,938 shares during the last quarter. Wealthfront Advisers LLC lifted its holdings in Vanguard Total Stock Market ETF by 0.9% in the fourth quarter. Wealthfront Advisers LLC now owns 18,025,283 shares of the ETF’s stock worth $6,043,337,000 after acquiring an additional 163,272 shares during the last quarter. Bank of America Corp DE lifted its holdings in Vanguard Total Stock Market ETF by 2.5% in the fourth quarter. Bank of America Corp DE now owns 14,185,248 shares of the ETF’s stock worth $4,755,888,000 after acquiring an additional 343,136 shares during the last quarter. LPL Financial LLC lifted its holdings in Vanguard Total Stock Market ETF by 2.0% in the fourth quarter. LPL Financial LLC now owns 14,079,780 shares of the ETF’s stock worth $4,720,528,000 after acquiring an additional 277,939 shares during the last quarter. Finally, WealthNavi Inc. boosted its stake in Vanguard Total Stock Market ETF by 4.4% in the first quarter. WealthNavi Inc. now owns 12,935,073 shares of the ETF’s stock valued at $4,149,701,000 after acquiring an additional 540,294 shares during the period. 28.92% of the stock is currently owned by institutional investors.

Vanguard Total Stock Market ETF Trading Down 0.5%

NYSEARCA:VTI opened at $370.58 on Friday. The firm has a market capitalization of $664.30 billion, a PE ratio of 24.26 and a beta of 1.01. The stock has a 50 day moving average of $367.56 and a 200-day moving average of $348.28. Vanguard Total Stock Market ETF has a 52 week low of $304.40 and a 52 week high of $374.70.

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.