Sherman Wealth Management LLC Takes $1.51 Million Position in Vanguard Total Stock Market ETF $VTI

Sherman Wealth Management LLC purchased a new stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 4,611 shares of the company’s stock, valued at approximately $1,513,000. Vanguard Total Stock Market ETF accounts for approximately 1.5% of Sherman Wealth Management LLC’s portfolio, making the stock its 17th largest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VTI. Gould Asset Management LLC CA lifted its position in Vanguard Total Stock Market ETF by 2.6% during the third quarter. Gould Asset Management LLC CA now owns 1,185 shares of the company’s stock valued at $389,000 after buying an additional 30 shares during the period. Abbot Financial Management Inc. grew its position in shares of Vanguard Total Stock Market ETF by 2.1% in the 3rd quarter. Abbot Financial Management Inc. now owns 1,436 shares of the company’s stock worth $471,000 after buying an additional 30 shares during the period. 4J Wealth Management LLC increased its stake in shares of Vanguard Total Stock Market ETF by 1.5% in the 3rd quarter. 4J Wealth Management LLC now owns 2,057 shares of the company’s stock worth $675,000 after acquiring an additional 31 shares in the last quarter. Aldebaran Financial Inc. increased its stake in shares of Vanguard Total Stock Market ETF by 1.0% in the 2nd quarter. Aldebaran Financial Inc. now owns 3,103 shares of the company’s stock worth $943,000 after acquiring an additional 32 shares in the last quarter. Finally, Stenger Family Office LLC lifted its position in Vanguard Total Stock Market ETF by 1.3% during the 3rd quarter. Stenger Family Office LLC now owns 2,486 shares of the company’s stock valued at $839,000 after acquiring an additional 32 shares during the period. 28.92% of the stock is owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Price Performance

NYSEARCA:VTI opened at $313.09 on Friday. The firm has a market capitalization of $533.16 billion, a P/E ratio of 24.26 and a beta of 1.02. Vanguard Total Stock Market ETF has a one year low of $236.42 and a one year high of $344.42. The company’s 50-day simple moving average is $335.26 and its 200 day simple moving average is $333.54.

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.