Vanguard Total Stock Market ETF $VTI Stake Raised by Cardinal Point Capital Management ULC

Cardinal Point Capital Management ULC increased its holdings in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 5.2% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 611,956 shares of the company’s stock after purchasing an additional 30,152 shares during the period. Vanguard Total Stock Market ETF accounts for about 12.0% of Cardinal Point Capital Management ULC’s investment portfolio, making the stock its biggest holding. Cardinal Point Capital Management ULC’s holdings in Vanguard Total Stock Market ETF were worth $196,322,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Core Wealth Advisors LLC purchased a new position in Vanguard Total Stock Market ETF in the fourth quarter valued at $30,000. Hilton Head Capital Partners LLC purchased a new stake in Vanguard Total Stock Market ETF during the 4th quarter worth about $31,000. Wealth Watch Advisors INC purchased a new stake in Vanguard Total Stock Market ETF during the 3rd quarter worth about $31,000. Basepoint Wealth LLC acquired a new stake in Vanguard Total Stock Market ETF in the 4th quarter valued at about $32,000. Finally, Strategic Wealth Investment Group LLC acquired a new stake in Vanguard Total Stock Market ETF in the 2nd quarter valued at about $33,000. 28.92% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Stock Performance

Shares of VTI opened at $363.98 on Friday. The stock has a 50-day simple moving average of $362.27 and a 200-day simple moving average of $344.83. The stock has a market capitalization of $635.95 billion, a PE ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 1 year low of $300.10 and a 1 year high of $374.70.

Vanguard Total Stock Market ETF Company 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.