Independence Asset Advisors LLC Buys 4,309 Shares of Vanguard Total Stock Market ETF $VTI

Independence Asset Advisors LLC raised its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 9.6% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 49,278 shares of the company’s stock after acquiring an additional 4,309 shares during the period. Vanguard Total Stock Market ETF makes up 5.7% of Independence Asset Advisors LLC’s investment portfolio, making the stock its 4th biggest holding. Independence Asset Advisors LLC’s holdings in Vanguard Total Stock Market ETF were worth $15,809,000 as of its most recent filing with the Securities & Exchange Commission.

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

Vanguard Total Stock Market ETF Stock Performance

Shares of VTI opened at $362.22 on Monday. The stock has a market capitalization of $632.87 billion, a P/E ratio of 24.26 and a beta of 1.01. The company’s fifty day moving average is $362.61 and its two-hundred day moving average is $345.01. Vanguard Total Stock Market ETF has a 1 year low of $301.39 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.