Meritage Portfolio Management Buys 60 Shares of Vanguard Total Stock Market ETF $VTI

Meritage Portfolio Management grew its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 0.4% during the 2nd quarter, HoldingsChannel reports. The fund owned 17,009 shares of the company’s stock after purchasing an additional 60 shares during the quarter. Meritage Portfolio Management’s holdings in Vanguard Total Stock Market ETF were worth $5,169,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in VTI. Kingstone Capital Partners Texas LLC boosted its holdings in Vanguard Total Stock Market ETF by 537,754.2% in the second quarter. Kingstone Capital Partners Texas LLC now owns 8,659,452 shares of the company’s stock worth $2,631,867,000 after acquiring an additional 8,657,842 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Vanguard Total Stock Market ETF by 4.1% in the first quarter. Vanguard Group Inc. now owns 55,916,401 shares of the company’s stock worth $15,368,063,000 after acquiring an additional 2,195,553 shares in the last quarter. Royal Bank of Canada boosted its holdings in Vanguard Total Stock Market ETF by 59.7% in the first quarter. Royal Bank of Canada now owns 4,370,813 shares of the company’s stock worth $1,201,273,000 after acquiring an additional 1,634,211 shares in the last quarter. Mullooly Asset Management Inc. bought a new stake in Vanguard Total Stock Market ETF in the first quarter worth $417,842,000. Finally, Wealthspire Advisors LLC boosted its holdings in Vanguard Total Stock Market ETF by 97.7% in the first quarter. Wealthspire Advisors LLC now owns 2,266,924 shares of the company’s stock worth $623,041,000 after acquiring an additional 1,120,527 shares in the last quarter. 28.92% of the stock is owned by institutional investors.

Vanguard Total Stock Market ETF Trading Down 2.7%

Vanguard Total Stock Market ETF stock opened at $321.80 on Friday. The business’s fifty day simple moving average is $321.30 and its two-hundred day simple moving average is $299.25. Vanguard Total Stock Market ETF has a 12 month low of $236.42 and a 12 month high of $332.20. The company has a market capitalization of $536.66 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02.

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.