Sherman Wealth Management LLC Makes New Investment in Vanguard Total Stock Market ETF $VTI

Sherman Wealth Management LLC purchased a new stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 4,637 shares of the company’s stock, valued at approximately $1,555,000. Vanguard Total Stock Market ETF comprises approximately 1.3% of Sherman Wealth Management LLC’s holdings, making the stock its 19th largest holding.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Sjbenen Advisory LLC acquired a new position in Vanguard Total Stock Market ETF during the 4th quarter worth $16,145,000. Centurion Wealth Management LLC raised its stake in shares of Vanguard Total Stock Market ETF by 7.4% during the fourth quarter. Centurion Wealth Management LLC now owns 9,185 shares of the company’s stock valued at $3,079,000 after purchasing an additional 635 shares in the last quarter. ORG Partners LLC lifted its holdings in Vanguard Total Stock Market ETF by 10.6% in the fourth quarter. ORG Partners LLC now owns 11,159 shares of the company’s stock worth $3,741,000 after purchasing an additional 1,065 shares during the period. Catalyst Private Wealth LLC grew its position in Vanguard Total Stock Market ETF by 0.6% in the 4th quarter. Catalyst Private Wealth LLC now owns 5,658 shares of the company’s stock valued at $1,897,000 after buying an additional 32 shares in the last quarter. Finally, Embree Financial Group increased its stake in Vanguard Total Stock Market ETF by 1.0% during the 4th quarter. Embree Financial Group now owns 13,003 shares of the company’s stock valued at $4,359,000 after buying an additional 134 shares during the period. 28.92% of the stock is owned by institutional investors.

Vanguard Total Stock Market ETF Stock Performance

VTI stock opened at $313.09 on Monday. Vanguard Total Stock Market ETF has a 52 week low of $236.42 and a 52 week high of $344.42. The company has a market capitalization of $533.16 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02. The firm’s 50-day moving average is $335.26 and its two-hundred day moving average is $333.71.

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.