Vanguard Total Stock Market ETF $VTI Shares Bought by Dogwood Wealth Management LLC

Dogwood Wealth Management LLC boosted its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 7.1% during the 3rd quarter, Holdings Channel.com reports. The firm owned 39,607 shares of the company’s stock after purchasing an additional 2,640 shares during the quarter. Vanguard Total Stock Market ETF comprises approximately 5.9% of Dogwood Wealth Management LLC’s holdings, making the stock its 3rd biggest position. Dogwood Wealth Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $13,033,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of VTI. Evolution Wealth Management Inc. purchased a new position in Vanguard Total Stock Market ETF during the second quarter valued at approximately $29,000. Strategic Wealth Investment Group LLC acquired a new stake in shares of Vanguard Total Stock Market ETF during the 2nd quarter worth approximately $33,000. Anfield Capital Management LLC purchased a new position in shares of Vanguard Total Stock Market ETF during the 2nd quarter valued at approximately $45,000. Clear Investment Research LLC acquired a new position in shares of Vanguard Total Stock Market ETF in the 3rd quarter valued at $51,000. Finally, Glassy Mountain Advisors Inc. purchased a new stake in Vanguard Total Stock Market ETF during the third quarter worth $57,000. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

VTI opened at $341.83 on Thursday. The company has a fifty day moving average of $339.45 and a two-hundred day moving average of $331.73. The stock has a market capitalization of $582.10 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02. Vanguard Total Stock Market ETF has a fifty-two week low of $236.42 and a fifty-two week high of $344.42.

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. 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.