SouthState Bank Corp Raises Position in Vanguard Total Stock Market ETF $VTI

SouthState Bank Corp increased its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 13.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 14,958 shares of the company’s stock after purchasing an additional 1,757 shares during the period. SouthState Bank Corp’s holdings in Vanguard Total Stock Market ETF were worth $5,015,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Core Wealth Advisors LLC purchased a new position in shares of Vanguard Total Stock Market ETF during the fourth quarter valued at approximately $30,000. Wealth Watch Advisors INC purchased a new position in shares of Vanguard Total Stock Market ETF during the third quarter valued at approximately $31,000. Basepoint Wealth LLC purchased a new position in shares of Vanguard Total Stock Market ETF during the fourth quarter valued at approximately $32,000. Torren Management LLC purchased a new position in shares of Vanguard Total Stock Market ETF during the fourth quarter valued at approximately $36,000. Finally, Strategic Wealth Investment Group LLC purchased a new position in shares of Vanguard Total Stock Market ETF during the second quarter valued at approximately $33,000. 28.92% of the stock is owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Stock Down 2.7%

VTI opened at $363.38 on Friday. The firm has a 50 day moving average price of $351.20 and a 200-day moving average price of $341.30. Vanguard Total Stock Market ETF has a twelve month low of $291.97 and a twelve month high of $374.70. The stock has a market capitalization of $634.90 billion, a price-to-earnings 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.