Vanguard Total Stock Market ETF $VTI Shares Acquired by Wedmont Private Capital

Wedmont Private Capital boosted its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 7.3% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 425,885 shares of the company’s stock after purchasing an additional 28,965 shares during the period. Vanguard Total Stock Market ETF comprises approximately 5.0% of Wedmont Private Capital’s holdings, making the stock its 3rd largest position. Wedmont Private Capital’s holdings in Vanguard Total Stock Market ETF were worth $144,822,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VTI. Evolution Wealth Management Inc. acquired a new position in shares of Vanguard Total Stock Market ETF in the second quarter worth $29,000. Wealth Watch Advisors INC purchased a new stake in shares of Vanguard Total Stock Market ETF during the third quarter worth $31,000. Strategic Wealth Investment Group LLC acquired a new stake in Vanguard Total Stock Market ETF during the second quarter valued at $33,000. KERR FINANCIAL PLANNING Corp purchased a new position in Vanguard Total Stock Market ETF in the third quarter valued at about $50,000. Finally, Clear Investment Research LLC acquired a new position in Vanguard Total Stock Market ETF in the 3rd quarter worth about $51,000. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Price Performance

VTI opened at $320.34 on Friday. Vanguard Total Stock Market ETF has a fifty-two week low of $236.42 and a fifty-two week high of $344.42. The business has a 50-day moving average of $337.36 and a 200-day moving average of $333.58. The company has a market capitalization of $545.50 billion, a PE ratio of 24.26 and a beta of 1.02.

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. 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.