Ocean Park Asset Management LLC Makes New Investment in Vanguard Total Stock Market ETF $VTI

Ocean Park Asset Management LLC bought a new position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) during the first quarter, Holdings Channel reports. The fund bought 29,485 shares of the company’s stock, valued at approximately $9,459,000.

A number of other institutional investors and hedge funds also recently modified their holdings of VTI. Vanguard Group Inc. raised its holdings in Vanguard Total Stock Market ETF by 3.8% during the 4th quarter. Vanguard Group Inc. now owns 62,622,049 shares of the company’s stock worth $20,995,293,000 after buying an additional 2,291,938 shares during the period. Wealthfront Advisers LLC increased its position in shares of Vanguard Total Stock Market ETF by 0.9% in the fourth quarter. Wealthfront Advisers LLC now owns 18,025,283 shares of the company’s stock worth $6,043,337,000 after acquiring an additional 163,272 shares in the last quarter. Bank of America Corp DE increased its position in shares of Vanguard Total Stock Market ETF by 2.5% in the fourth quarter. Bank of America Corp DE now owns 14,185,248 shares of the company’s stock worth $4,755,888,000 after acquiring an additional 343,136 shares in the last quarter. LPL Financial LLC raised its holdings in shares of Vanguard Total Stock Market ETF by 2.0% during the fourth quarter. LPL Financial LLC now owns 14,079,780 shares of the company’s stock valued at $4,720,528,000 after acquiring an additional 277,939 shares during the period. Finally, WealthNavi Inc. raised its holdings in shares of Vanguard Total Stock Market ETF by 0.3% during the fourth quarter. WealthNavi Inc. now owns 12,394,779 shares of the company’s stock valued at $4,155,598,000 after acquiring an additional 32,017 shares during the period. 28.92% of the stock is owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Stock Performance

Shares of NYSEARCA:VTI opened at $368.81 on Tuesday. The firm has a 50 day simple moving average of $360.78 and a 200 day simple moving average of $344.26. Vanguard Total Stock Market ETF has a 52 week low of $291.97 and a 52 week high of $374.70. The company has a market cap of $644.39 billion, a PE ratio of 24.26 and a beta of 1.01.

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.