Sax Wealth Advisors LLC Boosts Position in Vanguard Total Stock Market ETF $VTI

Sax Wealth Advisors LLC raised its holdings in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 32.3% during the second quarter, according to its most recent filing with the SEC. The firm owned 40,614 shares of the company’s stock after purchasing an additional 9,927 shares during the period. Vanguard Total Stock Market ETF accounts for about 0.7% of Sax Wealth Advisors LLC’s portfolio, making the stock its 28th largest position. Sax Wealth Advisors LLC’s holdings in Vanguard Total Stock Market ETF were worth $12,344,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in VTI. Wealth Preservation Advisors LLC purchased a new position in Vanguard Total Stock Market ETF during the 1st quarter valued at about $26,000. Toth Financial Advisory Corp purchased a new position in Vanguard Total Stock Market ETF during the 2nd quarter valued at about $27,000. MJT & Associates Financial Advisory Group Inc. increased its position in Vanguard Total Stock Market ETF by 165.7% during the 2nd quarter. MJT & Associates Financial Advisory Group Inc. now owns 93 shares of the company’s stock valued at $28,000 after purchasing an additional 58 shares during the period. Citizens National Bank Trust Department purchased a new position in Vanguard Total Stock Market ETF during the 1st quarter valued at about $34,000. Finally, Knuff & Co LLC purchased a new position in Vanguard Total Stock Market ETF during the 1st quarter valued at about $37,000. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

NYSEARCA VTI opened at $329.62 on Wednesday. Vanguard Total Stock Market ETF has a one year low of $236.42 and a one year high of $331.99. The company has a market capitalization of $546.71 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02. The company’s 50-day simple moving average is $320.20 and its two-hundred day simple moving average is $298.31.

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.