Cornerstone Advisors Asset Management LLC Has $4.63 Million Stake in Vanguard Total Stock Market ETF $VTI

Cornerstone Advisors Asset Management LLC increased its holdings in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 229.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,121 shares of the company’s stock after buying an additional 9,832 shares during the period. Vanguard Total Stock Market ETF accounts for about 0.8% of Cornerstone Advisors Asset Management LLC’s investment portfolio, making the stock its 26th biggest holding. Cornerstone Advisors Asset Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $4,634,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Gallagher Fiduciary Advisors LLC increased its holdings in Vanguard Total Stock Market ETF by 30,685.3% in the second quarter. Gallagher Fiduciary Advisors LLC now owns 150,330,714 shares of the company’s stock valued at $45,690,014,000 after purchasing an additional 149,842,394 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Vanguard Total Stock Market ETF by 5.1% during the second quarter. Vanguard Group Inc. now owns 58,768,332 shares of the company’s stock worth $17,861,458,000 after buying an additional 2,851,931 shares during the last quarter. Rakuten Investment Management Inc. acquired a new position in shares of Vanguard Total Stock Market ETF during the 3rd quarter worth about $15,530,622,000. Betterment LLC increased its stake in shares of Vanguard Total Stock Market ETF by 0.8% in the 2nd quarter. Betterment LLC now owns 26,303,687 shares of the company’s stock valued at $7,994,480,000 after acquiring an additional 209,074 shares during the last quarter. Finally, Wealthfront Advisers LLC increased its stake in shares of Vanguard Total Stock Market ETF by 7.7% in the 2nd quarter. Wealthfront Advisers LLC now owns 17,195,561 shares of the company’s stock valued at $5,226,247,000 after acquiring an additional 1,224,122 shares during the last quarter. 28.92% of the stock is owned by institutional investors.

Vanguard Total Stock Market ETF Price Performance

Vanguard Total Stock Market ETF stock opened at $342.48 on Tuesday. The firm has a market capitalization of $583.21 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02. The company’s 50 day simple moving average is $338.37 and its 200 day simple moving average is $328.55. Vanguard Total Stock Market ETF has a fifty-two week low of $236.42 and a fifty-two week high of $344.42.

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.