Sax Wealth Advisors LLC Purchases 74,235 Shares of Vanguard Total Stock Market ETF $VTI

Sax Wealth Advisors LLC lifted its position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 210.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 109,535 shares of the ETF’s stock after buying an additional 74,235 shares during the period. Vanguard Total Stock Market ETF comprises about 1.5% of Sax Wealth Advisors LLC’s investment portfolio, making the stock its 13th largest holding. Sax Wealth Advisors LLC’s holdings in Vanguard Total Stock Market ETF were worth $40,532,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Auto Owners Insurance Co raised its position in Vanguard Total Stock Market ETF by 58,332.8% in the 4th quarter. Auto Owners Insurance Co now owns 12,270,882 shares of the ETF’s stock valued at $4,114,059,000 after buying an additional 12,249,882 shares during the last quarter. Align Financial LLC acquired a new position in Vanguard Total Stock Market ETF during the 4th quarter worth approximately $210,276,000. Narodna banka Slovenska bought a new position in shares of Vanguard Total Stock Market ETF during the 1st quarter worth approximately $1,762,447,000. Vanguard Group Inc. grew its stake in shares of Vanguard Total Stock Market ETF by 3.8% during the 4th quarter. Vanguard Group Inc. now owns 62,622,049 shares of the ETF’s stock worth $20,995,293,000 after acquiring an additional 2,291,938 shares in the last quarter. Finally, SBI Okasan Asset Management Co.Ltd. bought a new position in shares of Vanguard Total Stock Market ETF during the 4th quarter worth approximately $715,235,000. 28.92% of the stock is owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Stock Up 0.7%

NYSEARCA VTI opened at $381.78 on Friday. The firm’s 50 day moving average is $368.96 and its 200-day moving average is $351.62. The company has a market capitalization of $684.38 billion, a PE ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 12-month low of $310.40 and a 12-month high of $383.29.

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.