Cherrydale Wealth Management LLC Increases Position in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Cherrydale Wealth Management LLC raised its position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 8.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 247,477 shares of the company’s stock after acquiring an additional 18,455 shares during the period. Vanguard Total Stock Market ETF makes up 27.7% of Cherrydale Wealth Management LLC’s portfolio, making the stock its biggest holding. Cherrydale Wealth Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $71,721,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in VTI. Mattson Financial Services LLC acquired a new stake in Vanguard Total Stock Market ETF in the 2nd quarter valued at approximately $34,000. Colony Family Offices LLC bought a new position in Vanguard Total Stock Market ETF during the third quarter worth $35,000. Urban Financial Advisory Corp acquired a new position in Vanguard Total Stock Market ETF during the 3rd quarter valued at $37,000. Westend Capital Management LLC bought a new stake in Vanguard Total Stock Market ETF in the 3rd quarter valued at $62,000. Finally, Darwin Wealth Management LLC acquired a new stake in Vanguard Total Stock Market ETF in the 3rd quarter worth $77,000.

Vanguard Total Stock Market ETF Stock Performance

Shares of VTI opened at $296.20 on Friday. The company has a 50-day simple moving average of $295.38 and a 200-day simple moving average of $283.29. Vanguard Total Stock Market ETF has a 52 week low of $234.62 and a 52 week high of $302.95. The firm has a market capitalization of $444.30 billion, a P/E ratio of 23.62 and a beta of 1.02.

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.