Sheets Smith Wealth Management Boosts Stock Holdings in Vanguard Total Stock Market ETF $VTI

Sheets Smith Wealth Management raised its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 96.1% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 7,472 shares of the company’s stock after acquiring an additional 3,661 shares during the period. Sheets Smith Wealth Management’s holdings in Vanguard Total Stock Market ETF were worth $2,397,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Heck Capital Advisors LLC purchased a new position in shares of Vanguard Total Stock Market ETF during the fourth quarter valued at about $150,448,000. Peapack Gladstone Financial Corp lifted its position in shares of Vanguard Total Stock Market ETF by 0.6% in the second quarter. Peapack Gladstone Financial Corp now owns 9,863 shares of the company’s stock worth $2,998,000 after buying an additional 56 shares in the last quarter. Alliancebernstein L.P. lifted its position in shares of Vanguard Total Stock Market ETF by 17.5% in the second quarter. Alliancebernstein L.P. now owns 238,003 shares of the company’s stock worth $72,336,000 after buying an additional 35,409 shares in the last quarter. Darwin Wealth Management LLC bought a new position in Vanguard Total Stock Market ETF during the second quarter valued at approximately $243,000. Finally, Ausdal Financial Partners Inc. boosted its stake in Vanguard Total Stock Market ETF by 8.1% during the second quarter. Ausdal Financial Partners Inc. now owns 22,487 shares of the company’s stock valued at $6,834,000 after buying an additional 1,680 shares during the last quarter. 28.92% of the stock is currently owned by institutional investors.

Vanguard Total Stock Market ETF Price Performance

NYSEARCA VTI opened at $369.99 on Monday. The stock has a market capitalization of $646.45 billion, a PE ratio of 24.26 and a beta of 1.01. The business has a 50 day simple moving average of $360.11 and a two-hundred day simple moving average of $344.02. Vanguard Total Stock Market ETF has a 1-year low of $291.97 and a 1-year high of $374.70.

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.