JCP Investment Management LLC Makes New $500,000 Investment in Vanguard Total Stock Market ETF $VTI

JCP Investment Management LLC acquired a new position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) during the first quarter, HoldingsChannel reports. The firm acquired 1,560 shares of the ETF’s stock, valued at approximately $500,000. Vanguard Total Stock Market ETF comprises 0.3% of JCP Investment Management LLC’s holdings, making the stock its 22nd largest holding.

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

Vanguard Total Stock Market ETF Stock Performance

NYSEARCA:VTI opened at $364.80 on Monday. Vanguard Total Stock Market ETF has a 52-week low of $304.40 and a 52-week high of $374.70. The company has a market cap of $653.94 billion, a P/E ratio of 24.26 and a beta of 1.01. The stock’s 50-day simple moving average is $367.90 and its 200 day simple moving average is $349.54.

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.