Vanguard Total Stock Market ETF $VTI Position Boosted by Pinnacle Wealth Management Advisory Group LLC

Pinnacle Wealth Management Advisory Group LLC grew its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 6.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 183,598 shares of the company’s stock after purchasing an additional 11,211 shares during the period. Vanguard Total Stock Market ETF comprises 4.0% of Pinnacle Wealth Management Advisory Group LLC’s portfolio, making the stock its largest holding. Pinnacle Wealth Management Advisory Group LLC’s holdings in Vanguard Total Stock Market ETF were worth $58,900,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Christine Messmer PC boosted its holdings in shares of Vanguard Total Stock Market ETF by 1.0% during the first quarter. Christine Messmer PC now owns 3,461 shares of the company’s stock worth $1,110,000 after purchasing an additional 35 shares during the period. Welch Group LLC increased its stake in Vanguard Total Stock Market ETF by 16.3% in the 1st quarter. Welch Group LLC now owns 4,595 shares of the company’s stock valued at $1,474,000 after buying an additional 645 shares during the period. Towneley Capital Management Inc DE increased its stake in Vanguard Total Stock Market ETF by 1.2% in the 1st quarter. Towneley Capital Management Inc DE now owns 463,348 shares of the company’s stock valued at $148,647,000 after buying an additional 5,426 shares during the period. Wealth Effects LLC lifted its position in Vanguard Total Stock Market ETF by 0.5% in the 1st quarter. Wealth Effects LLC now owns 27,615 shares of the company’s stock worth $8,859,000 after buying an additional 151 shares in the last quarter. Finally, Stuart Investment Advisors Inc. purchased a new stake in Vanguard Total Stock Market ETF in the 1st quarter worth approximately $108,387,000. 28.92% of the stock is owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Stock Down 0.5%

Shares of NYSEARCA:VTI opened at $362.22 on Friday. The firm has a fifty day moving average of $362.61 and a two-hundred day moving average of $344.95. The firm has a market capitalization of $632.87 billion, a P/E ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 12-month low of $301.39 and a 12-month 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.