Magnolia Capital Advisors LLC Has $17.10 Million Position in Vanguard Total Stock Market ETF $VTI

Magnolia Capital Advisors LLC boosted its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 4.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 52,104 shares of the company’s stock after buying an additional 2,024 shares during the quarter. Vanguard Total Stock Market ETF makes up about 4.5% of Magnolia Capital Advisors LLC’s holdings, making the stock its largest position. Magnolia Capital Advisors LLC’s holdings in Vanguard Total Stock Market ETF were worth $17,099,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Evolution Wealth Management Inc. bought a new position in shares of Vanguard Total Stock Market ETF during the 2nd quarter worth $29,000. Strategic Wealth Investment Group LLC bought a new stake in Vanguard Total Stock Market ETF in the 2nd quarter valued at about $33,000. Anfield Capital Management LLC bought a new stake in Vanguard Total Stock Market ETF in the 2nd quarter valued at about $45,000. Clear Investment Research LLC purchased a new stake in Vanguard Total Stock Market ETF during the third quarter valued at about $51,000. Finally, Glassy Mountain Advisors Inc. purchased a new stake in Vanguard Total Stock Market ETF during the third quarter valued at about $57,000. 28.92% of the stock is currently owned by institutional investors.

Vanguard Total Stock Market ETF Stock Down 0.1%

Shares of NYSEARCA:VTI opened at $333.24 on Thursday. The firm has a market capitalization of $567.47 billion, a PE ratio of 24.26 and a beta of 1.02. The company has a 50-day moving average price of $339.13 and a two-hundred day moving average price of $333.16. Vanguard Total Stock Market ETF has a twelve month low of $236.42 and a twelve month high of $344.42.

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.