Vanguard Total Stock Market ETF $VTI is Kaydan Wealth Management Inc.’s 8th Largest Position

Kaydan Wealth Management Inc. increased its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 126.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 36,601 shares of the ETF’s stock after buying an additional 20,471 shares during the quarter. Vanguard Total Stock Market ETF accounts for about 4.1% of Kaydan Wealth Management Inc.’s investment portfolio, making the stock its 8th largest position. Kaydan Wealth Management Inc.’s holdings in Vanguard Total Stock Market ETF were worth $13,544,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in VTI. Noble Wealth Partners LLC bought a new stake in shares of Vanguard Total Stock Market ETF during the 2nd quarter valued at $4,649,000. Advisory Solutions Group LLC purchased a new stake in shares of Vanguard Total Stock Market ETF in the 2nd quarter worth $5,810,000. Compass Financial Management LLC bought a new position in Vanguard Total Stock Market ETF in the 2nd quarter worth $2,176,000. NI Acquisitions Company LLC bought a new position in Vanguard Total Stock Market ETF in the 2nd quarter worth $190,000. Finally, NBH Bank purchased a new position in Vanguard Total Stock Market ETF during the second quarter valued at $108,000. 28.92% of the stock is currently owned by institutional investors.

Vanguard Total Stock Market ETF Stock Performance

NYSEARCA VTI opened at $379.73 on Friday. The business’s fifty day moving average is $373.93 and its 200 day moving average is $357.15. Vanguard Total Stock Market ETF has a fifty-two week low of $310.40 and a fifty-two week high of $385.12. The company has a market capitalization of $680.70 billion, a PE ratio of 24.26 and a beta of 1.01.

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.