Parallel Advisors LLC Acquires 4,364 Shares of Vanguard Total Stock Market ETF $VTI

Parallel Advisors LLC increased its holdings in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 2.9% during the 1st quarter, Holdings Channel.com reports. The fund owned 153,820 shares of the ETF’s stock after acquiring an additional 4,364 shares during the period. Vanguard Total Stock Market ETF accounts for about 0.9% of Parallel Advisors LLC’s portfolio, making the stock its 18th largest position. Parallel Advisors LLC’s holdings in Vanguard Total Stock Market ETF were worth $49,347,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Core Wealth Advisors LLC bought a new position in Vanguard Total Stock Market ETF during the fourth quarter worth about $30,000. Hilton Head Capital Partners LLC acquired a new position in shares of Vanguard Total Stock Market ETF in the 4th quarter worth approximately $31,000. Wealth Watch Advisors INC acquired a new position in shares of Vanguard Total Stock Market ETF in the 3rd quarter worth approximately $31,000. Basepoint Wealth LLC bought a new position in shares of Vanguard Total Stock Market ETF during the 4th quarter worth approximately $32,000. Finally, Strategic Wealth Investment Group LLC bought a new position in shares of Vanguard Total Stock Market ETF during the 2nd quarter worth approximately $33,000. Institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Price Performance

Shares of VTI stock opened at $367.01 on Monday. The stock’s fifty day simple moving average is $367.64 and its 200 day simple moving average is $348.48. The firm has a market cap of $657.90 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a one year low of $304.40 and a one 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.