Evolve Private Wealth LLC Invests $9.38 Million in Vanguard Total Stock Market ETF $VTI

Evolve Private Wealth LLC purchased a new position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 27,965 shares of the company’s stock, valued at approximately $9,376,000. Vanguard Total Stock Market ETF makes up approximately 0.6% of Evolve Private Wealth LLC’s investment portfolio, making the stock its 27th biggest position.

Several other hedge funds have also made changes to their positions in VTI. Align Financial LLC acquired a new stake in shares of Vanguard Total Stock Market ETF during the fourth quarter worth about $210,276,000. Mercer Global Advisors Inc. ADV lifted its position in shares of Vanguard Total Stock Market ETF by 208.2% during the third quarter. Mercer Global Advisors Inc. ADV now owns 1,997,096 shares of the company’s stock worth $655,190,000 after purchasing an additional 3,842,502 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Vanguard Total Stock Market ETF by 3.8% during the fourth quarter. Vanguard Group Inc. now owns 62,622,049 shares of the company’s stock worth $20,995,293,000 after purchasing an additional 2,291,938 shares in the last quarter. SBI Okasan Asset Management Co.Ltd. acquired a new stake in Vanguard Total Stock Market ETF in the fourth quarter valued at approximately $715,235,000. Finally, Corient Private Wealth LLC raised its holdings in Vanguard Total Stock Market ETF by 122.5% in the second quarter. Corient Private Wealth LLC now owns 2,520,364 shares of the company’s stock valued at $766,014,000 after acquiring an additional 1,387,750 shares in the last quarter. Institutional investors and hedge funds own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Down 1.2%

Shares of NYSEARCA:VTI opened at $365.76 on Thursday. The firm’s 50 day moving average price is $358.49 and its 200 day moving average price is $343.54. The stock has a market cap of $639.06 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a fifty-two week low of $291.97 and a fifty-two week high of $374.70.

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.