Spire Wealth Management Has $6.42 Million Holdings in Vanguard Total Stock Market ETF $VTI

Spire Wealth Management cut its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 9.7% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 21,114 shares of the company’s stock after selling 2,257 shares during the period. Spire Wealth Management’s holdings in Vanguard Total Stock Market ETF were worth $6,417,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. Hantz Financial Services Inc. grew its stake in shares of Vanguard Total Stock Market ETF by 91.2% in the second quarter. Hantz Financial Services Inc. now owns 4,852 shares of the company’s stock valued at $1,475,000 after acquiring an additional 2,314 shares in the last quarter. Buck Wealth Strategies LLC acquired a new position in shares of Vanguard Total Stock Market ETF in the second quarter valued at about $406,000. Arkadios Wealth Advisors grew its stake in shares of Vanguard Total Stock Market ETF by 32.3% in the second quarter. Arkadios Wealth Advisors now owns 74,703 shares of the company’s stock valued at $22,704,000 after acquiring an additional 18,242 shares in the last quarter. Waterfront Wealth Inc. grew its stake in Vanguard Total Stock Market ETF by 20.8% during the second quarter. Waterfront Wealth Inc. now owns 1,335 shares of the company’s stock worth $406,000 after buying an additional 230 shares in the last quarter. Finally, Golden Road Advisors LLC grew its stake in Vanguard Total Stock Market ETF by 41.6% during the second quarter. Golden Road Advisors LLC now owns 4,862 shares of the company’s stock worth $1,478,000 after buying an additional 1,429 shares in the last quarter. 28.92% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Stock Down 0.1%

Shares of Vanguard Total Stock Market ETF stock opened at $337.71 on Thursday. The company has a market capitalization of $563.20 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02. Vanguard Total Stock Market ETF has a 12-month low of $236.42 and a 12-month high of $339.06. The firm’s 50-day moving average price is $325.78 and its two-hundred day moving average price is $305.67.

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.