Manning & Napier Advisors LLC Makes New $50.68 Million Investment in Vanguard Total Stock Market ETF $VTI

Manning & Napier Advisors LLC bought a new stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 642,972 shares of the ETF’s stock, valued at approximately $50,679,000.

Other institutional investors also recently made changes to their positions in the company. Capital Square LLC purchased a new stake in shares of Vanguard Total Stock Market ETF during the 2nd quarter worth approximately $15,583,000. Compass Financial Management LLC purchased a new position in Vanguard Total Stock Market ETF in the 2nd quarter valued at approximately $2,176,000. S&CO Inc. purchased a new position in Vanguard Total Stock Market ETF in the 2nd quarter valued at approximately $1,066,000. W Advisors LLC raised its holdings in Vanguard Total Stock Market ETF by 6.1% during the second quarter. W Advisors LLC now owns 1,457 shares of the ETF’s stock worth $539,000 after purchasing an additional 84 shares during the last quarter. Finally, Soltis Investment Advisors LLC raised its holdings in Vanguard Total Stock Market ETF by 115.6% during the second quarter. Soltis Investment Advisors LLC now owns 44,388 shares of the ETF’s stock worth $16,425,000 after purchasing an additional 23,797 shares during the last quarter. 28.92% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Stock Performance

VTI opened at $377.07 on Tuesday. The company has a market cap of $675.93 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a one year low of $310.40 and a one year high of $385.12. The business’s fifty day moving average is $371.75 and its two-hundred day moving average is $354.76.

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.