Exchange Bank Increases Stake in Vanguard Total Stock Market ETF $VTI

Exchange Bank raised its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 19.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,366 shares of the ETF’s stock after acquiring an additional 2,221 shares during the quarter. Vanguard Total Stock Market ETF makes up 3.1% of Exchange Bank’s investment portfolio, making the stock its 4th largest position. Exchange Bank’s holdings in Vanguard Total Stock Market ETF were worth $4,946,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Core Wealth Advisors LLC purchased a new stake in shares of Vanguard Total Stock Market ETF during the fourth quarter worth about $30,000. Hilton Head Capital Partners LLC purchased a new position in Vanguard Total Stock Market ETF during the 4th quarter valued at about $31,000. Wealth Watch Advisors INC purchased a new position in Vanguard Total Stock Market ETF during the 3rd quarter valued at about $31,000. Basepoint Wealth LLC bought a new position in Vanguard Total Stock Market ETF during the 4th quarter valued at approximately $32,000. Finally, Torren Management LLC bought a new position in Vanguard Total Stock Market ETF during the 4th quarter valued at approximately $36,000. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

NYSEARCA VTI opened at $381.78 on Friday. Vanguard Total Stock Market ETF has a fifty-two week low of $310.40 and a fifty-two week high of $383.29. The stock has a 50 day simple moving average of $368.96 and a two-hundred day simple moving average of $351.62. The stock has a market cap of $684.38 billion, a P/E ratio of 24.26 and a beta of 1.01.

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.