CIBC Bancorp USA Inc. Invests $125.08 Million in Vanguard Total Stock Market ETF $VTI

CIBC Bancorp USA Inc. purchased a new stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 381,157 shares of the company’s stock, valued at approximately $125,084,000.

Several other institutional investors also recently modified their holdings of the business. Evolution Wealth Management Inc. purchased a new position in Vanguard Total Stock Market ETF in the 2nd quarter worth about $29,000. Wealth Watch Advisors INC bought a new position in Vanguard Total Stock Market ETF during the 3rd quarter valued at about $31,000. Strategic Wealth Investment Group LLC purchased a new stake in shares of Vanguard Total Stock Market ETF during the 2nd quarter valued at about $33,000. Anfield Capital Management LLC purchased a new stake in shares of Vanguard Total Stock Market ETF during the 2nd quarter valued at about $45,000. Finally, Clear Investment Research LLC bought a new stake in shares of Vanguard Total Stock Market ETF in the third quarter worth approximately $51,000. 28.92% of the stock is owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Stock Up 0.3%

VTI opened at $330.57 on Wednesday. The stock has a market capitalization of $562.92 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02. The firm has a 50 day moving average price of $338.38 and a 200-day moving average price of $333.55. Vanguard Total Stock Market ETF has a twelve month low of $236.42 and a twelve month high of $344.42.

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.