Kensington Asset Management LLC Increases Position in Vanguard Total Stock Market ETF $VTI

Kensington Asset Management LLC grew its position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 90.0% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 38,539 shares of the ETF’s stock after purchasing an additional 18,254 shares during the period. Vanguard Total Stock Market ETF makes up about 0.6% of Kensington Asset Management LLC’s holdings, making the stock its 23rd largest holding. Kensington Asset Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $12,364,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Vestor Capital LLC increased its stake in Vanguard Total Stock Market ETF by 850.9% during the first quarter. Vestor Capital LLC now owns 5,230 shares of the ETF’s stock worth $1,678,000 after purchasing an additional 4,680 shares during the period. J. Derek Lewis & Associates Inc. boosted its stake in shares of Vanguard Total Stock Market ETF by 6.0% in the first quarter. J. Derek Lewis & Associates Inc. now owns 2,335 shares of the ETF’s stock valued at $729,000 after purchasing an additional 133 shares during the period. January Capital Advisors LLC acquired a new position in shares of Vanguard Total Stock Market ETF in the first quarter valued at approximately $301,000. Arete Wealth Advisors LLC grew its holdings in shares of Vanguard Total Stock Market ETF by 3.6% in the first quarter. Arete Wealth Advisors LLC now owns 18,809 shares of the ETF’s stock valued at $6,033,000 after purchasing an additional 662 shares in the last quarter. Finally, SOA Wealth Advisors LLC. increased its stake in Vanguard Total Stock Market ETF by 5.7% during the 1st quarter. SOA Wealth Advisors LLC. now owns 2,094 shares of the ETF’s stock worth $672,000 after buying an additional 113 shares during the period. 28.92% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Stock Up 0.5%

Shares of VTI opened at $368.21 on Friday. The company has a market cap of $660.05 billion, a P/E ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a fifty-two week low of $304.40 and a fifty-two week high of $374.70. The firm’s 50 day moving average price is $368.05 and its 200 day moving average price is $350.33.

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.