SageView Advisory Group LLC Purchases 7,868 Shares of Vanguard Total Stock Market ETF $VTI

SageView Advisory Group LLC grew its position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 16.4% in the third quarter, according to its most recent filing with the SEC. The fund owned 55,917 shares of the company’s stock after acquiring an additional 7,868 shares during the quarter. Vanguard Total Stock Market ETF comprises approximately 0.6% of SageView Advisory Group LLC’s holdings, making the stock its 18th largest holding. SageView Advisory Group LLC’s holdings in Vanguard Total Stock Market ETF were worth $18,351,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of VTI. Evolution Wealth Management Inc. bought a new position in Vanguard Total Stock Market ETF during the second quarter valued at $29,000. Strategic Wealth Investment Group LLC bought a new stake in shares of Vanguard Total Stock Market ETF in the 2nd quarter worth about $33,000. Anfield Capital Management LLC bought a new stake in shares of Vanguard Total Stock Market ETF in the 2nd quarter worth about $45,000. Clear Investment Research LLC purchased a new stake in shares of Vanguard Total Stock Market ETF during the 3rd quarter valued at about $51,000. Finally, Glassy Mountain Advisors Inc. purchased a new stake in shares of Vanguard Total Stock Market ETF during the 3rd quarter valued at about $57,000. 28.92% of the stock is owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Trading Down 0.2%

Shares of NYSEARCA:VTI opened at $333.51 on Wednesday. The company has a market cap of $567.93 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02. Vanguard Total Stock Market ETF has a 12 month low of $236.42 and a 12 month high of $344.42. The company has a 50-day moving average price of $339.17 and a 200 day moving average price of $333.16.

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.