Vanguard Total Stock Market ETF $VTI Shares Purchased by Summit Investment Advisory Services LLC

Summit Investment Advisory Services LLC lifted its holdings in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 295.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,702 shares of the company’s stock after acquiring an additional 13,967 shares during the period. Vanguard Total Stock Market ETF accounts for about 2.5% of Summit Investment Advisory Services LLC’s holdings, making the stock its 9th biggest position. Summit Investment Advisory Services LLC’s holdings in Vanguard Total Stock Market ETF were worth $5,684,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Hutchens & Kramer Investment Management Group LLC lifted its position in Vanguard Total Stock Market ETF by 44.2% during the 3rd quarter. Hutchens & Kramer Investment Management Group LLC now owns 3,206 shares of the company’s stock worth $1,052,000 after acquiring an additional 982 shares during the period. Investment Advisory Group LLC increased its holdings in Vanguard Total Stock Market ETF by 1.1% in the third quarter. Investment Advisory Group LLC now owns 12,945 shares of the company’s stock valued at $4,248,000 after buying an additional 140 shares in the last quarter. Marino Stram & Associates LLC increased its stake in Vanguard Total Stock Market ETF by 5.5% in the 3rd quarter. Marino Stram & Associates LLC now owns 15,672 shares of the company’s stock valued at $5,143,000 after purchasing an additional 821 shares in the last quarter. Aspire Growth Partners LLC increased its position in shares of Vanguard Total Stock Market ETF by 1.3% in the third quarter. Aspire Growth Partners LLC now owns 10,268 shares of the company’s stock valued at $3,370,000 after buying an additional 132 shares in the last quarter. Finally, Alta Wealth Advisors LLC increased its holdings in Vanguard Total Stock Market ETF by 4.9% during the 3rd quarter. Alta Wealth Advisors LLC now owns 2,041 shares of the company’s stock valued at $670,000 after acquiring an additional 95 shares in the last quarter. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Price Performance

Shares of Vanguard Total Stock Market ETF stock opened at $343.27 on Wednesday. The business has a 50 day moving average price of $336.96 and a 200 day moving average price of $327.57. The company has a market capitalization of $584.55 billion, a P/E ratio of 24.26 and a beta of 1.02. Vanguard Total Stock Market ETF has a 1 year low of $236.42 and a 1 year high of $343.73.

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. The Fund typically holds the largest 1,200 to 1,300 stocks in its target index (covering nearly 95% of the index’s total market capitalization) and a representative sample of the remaining stocks.