Tortoise Investment Management LLC Acquires 3,141 Shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Tortoise Investment Management LLC lifted its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 9.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 37,764 shares of the company’s stock after purchasing an additional 3,141 shares during the quarter. Vanguard Total Stock Market ETF comprises approximately 1.2% of Tortoise Investment Management LLC’s holdings, making the stock its 24th largest position. Tortoise Investment Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $8,958,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Checchi Capital Advisers LLC raised its holdings in Vanguard Total Stock Market ETF by 96.5% in the 3rd quarter. Checchi Capital Advisers LLC now owns 6,199 shares of the company’s stock worth $1,317,000 after acquiring an additional 3,044 shares during the last quarter. Envestnet Portfolio Solutions Inc. bought a new stake in shares of Vanguard Total Stock Market ETF in the 3rd quarter worth $221,058,000. QRG Capital Management Inc. purchased a new position in shares of Vanguard Total Stock Market ETF in the third quarter worth $1,202,000. NSI Retail Advisors LLC bought a new position in shares of Vanguard Total Stock Market ETF during the third quarter valued at $7,817,000. Finally, TRUE Private Wealth Advisors purchased a new stake in shares of Vanguard Total Stock Market ETF during the third quarter valued at $207,000.

Vanguard Total Stock Market ETF Price Performance

NYSEARCA VTI traded down $0.20 during trading hours on Friday, hitting $266.69. The company’s stock had a trading volume of 2,205,602 shares, compared to its average volume of 3,110,093. The company has a market cap of $400.04 billion, a P/E ratio of 23.62 and a beta of 1.02. The company’s 50 day simple moving average is $257.26 and its two-hundred day simple moving average is $248.61. Vanguard Total Stock Market ETF has a 12 month low of $202.44 and a 12 month high of $268.21.

About Vanguard Total Stock Market ETF

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.