Sax Wealth Advisors LLC Has $40.53 Million Stock Position in Vanguard Total Stock Market ETF $VTI

Sax Wealth Advisors LLC increased its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 210.3% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 109,535 shares of the ETF’s stock after acquiring an additional 74,235 shares during the period. Vanguard Total Stock Market ETF comprises approximately 1.5% of Sax Wealth Advisors LLC’s investment portfolio, making the stock its 13th largest holding. Sax Wealth Advisors LLC’s holdings in Vanguard Total Stock Market ETF were worth $40,532,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Cardinal Point Capital Management ULC boosted its position in Vanguard Total Stock Market ETF by 5.2% during the first quarter. Cardinal Point Capital Management ULC now owns 611,956 shares of the ETF’s stock worth $196,322,000 after purchasing an additional 30,152 shares during the period. Serenus Wealth Advisors LLC lifted its stake in shares of Vanguard Total Stock Market ETF by 31.7% during the 4th quarter. Serenus Wealth Advisors LLC now owns 33,831 shares of the ETF’s stock worth $11,343,000 after buying an additional 8,144 shares during the last quarter. Rolek Wealth Management LLC lifted its stake in shares of Vanguard Total Stock Market ETF by 7.5% during the 4th quarter. Rolek Wealth Management LLC now owns 25,652 shares of the ETF’s stock worth $8,600,000 after buying an additional 1,799 shares during the last quarter. Diversified Management Inc. bought a new stake in shares of Vanguard Total Stock Market ETF during the 4th quarter worth about $5,067,000. Finally, RM Financial Services LLC acquired a new position in Vanguard Total Stock Market ETF in the 4th quarter valued at about $3,163,000. 28.92% of the stock is owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Stock Up 0.7%

Vanguard Total Stock Market ETF stock opened at $381.78 on Friday. The stock has a market cap of $684.38 billion, a P/E ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a twelve month low of $310.40 and a twelve month high of $383.29. The company’s 50-day moving average price is $368.96 and its two-hundred day moving average price is $351.62.

Vanguard Total Stock Market ETF Company 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.