Arbor Wealth Advisors LLC Buys 550 Shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Arbor Wealth Advisors LLC grew its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 3.1% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 18,521 shares of the company’s stock after purchasing an additional 550 shares during the quarter. Vanguard Total Stock Market ETF makes up about 4.5% of Arbor Wealth Advisors LLC’s holdings, making the stock its 5th biggest position. Arbor Wealth Advisors LLC’s holdings in Vanguard Total Stock Market ETF were worth $5,090,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Unique Wealth LLC raised its holdings in Vanguard Total Stock Market ETF by 141.0% during the first quarter. Unique Wealth LLC now owns 5,512 shares of the company’s stock worth $1,515,000 after purchasing an additional 3,225 shares in the last quarter. Richmond Investment Services LLC acquired a new position in shares of Vanguard Total Stock Market ETF in the 4th quarter valued at $5,171,000. Russell Investments Group Ltd. increased its holdings in shares of Vanguard Total Stock Market ETF by 24.7% in the 4th quarter. Russell Investments Group Ltd. now owns 4,161 shares of the company’s stock valued at $1,206,000 after acquiring an additional 825 shares during the period. Compass Capital Corp MA ADV acquired a new position in shares of Vanguard Total Stock Market ETF in the 4th quarter valued at $4,349,000. Finally, Serenus Wealth Advisors LLC acquired a new position in shares of Vanguard Total Stock Market ETF in the 4th quarter valued at $3,923,000.

Vanguard Total Stock Market ETF Price Performance

Shares of Vanguard Total Stock Market ETF stock opened at $295.12 on Friday. The firm’s fifty day simple moving average is $275.12 and its 200-day simple moving average is $286.61. The stock has a market capitalization of $2.45 trillion, a price-to-earnings ratio of 24.99 and a beta of 1.03. Vanguard Total Stock Market ETF has a 12 month low of $236.42 and a 12 month high of $303.39.

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.