Vanguard Total Stock Market ETF $VTI is Pullen Investment Management LLC’s 2nd Largest Position

Pullen Investment Management LLC increased its holdings in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 7.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,951 shares of the company’s stock after purchasing an additional 1,797 shares during the quarter. Vanguard Total Stock Market ETF makes up 4.9% of Pullen Investment Management LLC’s portfolio, making the stock its 2nd biggest holding. Pullen Investment Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $8,191,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Wealth Preservation Advisors LLC purchased a new stake in shares of Vanguard Total Stock Market ETF during the first quarter worth about $26,000. Toth Financial Advisory Corp purchased a new stake in shares of Vanguard Total Stock Market ETF during the second quarter worth about $27,000. MJT & Associates Financial Advisory Group Inc. grew its position in shares of Vanguard Total Stock Market ETF by 165.7% during the second quarter. MJT & Associates Financial Advisory Group Inc. now owns 93 shares of the company’s stock worth $28,000 after purchasing an additional 58 shares in the last quarter. Citizens National Bank Trust Department purchased a new stake in shares of Vanguard Total Stock Market ETF during the first quarter worth about $34,000. Finally, Knuff & Co LLC purchased a new stake in shares of Vanguard Total Stock Market ETF during the first quarter worth about $37,000. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Trading Up 0.8%

NYSEARCA:VTI opened at $333.71 on Friday. The stock has a market capitalization of $556.52 billion, a P/E ratio of 24.26 and a beta of 1.02. The stock has a 50-day moving average price of $324.42 and a 200 day moving average price of $303.84. Vanguard Total Stock Market ETF has a 12-month low of $236.42 and a 12-month high of $334.54.

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.