Ibex Wealth Advisors Buys New Holdings in Vanguard Total Stock Market ETF $VTI

Ibex Wealth Advisors purchased a new position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,882 shares of the company’s stock, valued at approximately $924,000.

A number of other hedge funds have also recently bought and sold shares of VTI. Cardinal Point Capital Management ULC grew its stake in Vanguard Total Stock Market ETF by 5.2% in the 1st quarter. Cardinal Point Capital Management ULC now owns 611,956 shares of the company’s stock valued at $196,322,000 after buying an additional 30,152 shares in the last quarter. Ervin Investment Management LLC lifted its position in shares of Vanguard Total Stock Market ETF by 121.5% during the fourth quarter. Ervin Investment Management LLC now owns 3,668 shares of the company’s stock worth $1,230,000 after acquiring an additional 2,012 shares in the last quarter. Serenus Wealth Advisors LLC boosted its holdings in shares of Vanguard Total Stock Market ETF by 31.7% in the fourth quarter. Serenus Wealth Advisors LLC now owns 33,831 shares of the company’s stock worth $11,343,000 after acquiring an additional 8,144 shares during the period. Rolek Wealth Management LLC grew its position in shares of Vanguard Total Stock Market ETF by 7.5% in the fourth quarter. Rolek Wealth Management LLC now owns 25,652 shares of the company’s stock valued at $8,600,000 after purchasing an additional 1,799 shares in the last quarter. Finally, Diversified Management Inc. purchased a new position in shares of Vanguard Total Stock Market ETF in the fourth quarter valued at $5,067,000. 28.92% of the stock is owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Stock Performance

NYSEARCA:VTI opened at $371.45 on Friday. The business’s fifty day moving average is $366.10 and its 200 day moving average is $347.15. The firm has a market cap of $665.86 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 52-week low of $304.00 and a 52-week high of $374.70.

About Vanguard Total Stock Market ETF

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.