Morris Financial Concepts Inc. Acquires New Shares in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Morris Financial Concepts Inc. acquired a new stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 4,009 shares of the company’s stock, valued at approximately $1,102,000.

Other hedge funds also recently bought and sold shares of the company. Mountain Hill Investment Partners Corp. purchased a new position in Vanguard Total Stock Market ETF during the fourth quarter worth $29,000. Citizens National Bank Trust Department purchased a new position in Vanguard Total Stock Market ETF during the first quarter worth $34,000. Pinney & Scofield Inc. purchased a new position in Vanguard Total Stock Market ETF during the fourth quarter worth $41,000. Promus Capital LLC purchased a new position in Vanguard Total Stock Market ETF during the fourth quarter worth $43,000. Finally, Inlight Wealth Management LLC purchased a new position in Vanguard Total Stock Market ETF during the first quarter worth $45,000. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

Vanguard Total Stock Market ETF stock opened at $308.03 on Friday. The stock has a fifty day moving average of $290.74 and a two-hundred day moving average of $286.61. The company has a market capitalization of $506.28 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02. Vanguard Total Stock Market ETF has a fifty-two week low of $236.42 and a fifty-two week high of $308.40.

Vanguard Total Stock Market ETF 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.