Maimon Wealth Management LTD. Grows Holdings in Vanguard Total Stock Market ETF $VTI

Maimon Wealth Management LTD. increased its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 10.7% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 14,213 shares of the ETF’s stock after acquiring an additional 1,378 shares during the quarter. Vanguard Total Stock Market ETF accounts for 3.9% of Maimon Wealth Management LTD.’s holdings, making the stock its 8th largest position. Maimon Wealth Management LTD.’s holdings in Vanguard Total Stock Market ETF were worth $4,430,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. Auto Owners Insurance Co increased its position in Vanguard Total Stock Market ETF by 58,332.8% in the 4th quarter. Auto Owners Insurance Co now owns 12,270,882 shares of the ETF’s stock valued at $4,114,059,000 after acquiring an additional 12,249,882 shares during the period. Align Financial LLC acquired a new position in shares of Vanguard Total Stock Market ETF during the fourth quarter worth $210,276,000. Narodna banka Slovenska bought a new stake in shares of Vanguard Total Stock Market ETF in the first quarter worth $1,762,447,000. Vanguard Group Inc. grew its stake in shares of Vanguard Total Stock Market ETF by 3.8% in the fourth quarter. Vanguard Group Inc. now owns 62,622,049 shares of the ETF’s stock worth $20,995,293,000 after purchasing an additional 2,291,938 shares during the last quarter. Finally, SBI Okasan Asset Management Co.Ltd. acquired a new stake in Vanguard Total Stock Market ETF in the fourth quarter valued at $715,235,000. Institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Down 0.2%

Shares of NYSEARCA:VTI opened at $366.25 on Tuesday. The firm has a market cap of $656.54 billion, a P/E ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 12-month low of $304.40 and a 12-month high of $374.70. The business has a fifty day simple moving average of $367.70 and a 200 day simple moving average of $348.68.

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.