Sherman Wealth Management LLC Purchases Shares of 4,611 Vanguard Total Stock Market ETF $VTI

Sherman Wealth Management LLC acquired a new position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 4,611 shares of the company’s stock, valued at approximately $1,513,000. Vanguard Total Stock Market ETF accounts for 1.5% of Sherman Wealth Management LLC’s holdings, making the stock its 17th biggest position.

Several other hedge funds have also recently made changes to their positions in VTI. Gallagher Fiduciary Advisors LLC lifted its stake in Vanguard Total Stock Market ETF by 30,685.3% in the second quarter. Gallagher Fiduciary Advisors LLC now owns 150,330,714 shares of the company’s stock worth $45,690,014,000 after acquiring an additional 149,842,394 shares during the period. Vanguard Group Inc. increased its position in Vanguard Total Stock Market ETF by 2.7% during the 3rd quarter. Vanguard Group Inc. now owns 60,330,111 shares of the company’s stock valued at $19,798,531,000 after purchasing an additional 1,561,779 shares during the period. Rakuten Investment Management Inc. bought a new position in Vanguard Total Stock Market ETF in the 3rd quarter worth $15,530,622,000. Betterment LLC lifted its position in shares of Vanguard Total Stock Market ETF by 0.8% in the 2nd quarter. Betterment LLC now owns 26,303,687 shares of the company’s stock worth $7,994,480,000 after purchasing an additional 209,074 shares during the period. Finally, Wealthfront Advisers LLC lifted its position in shares of Vanguard Total Stock Market ETF by 3.9% in the 3rd quarter. Wealthfront Advisers LLC now owns 17,862,011 shares of the company’s stock worth $5,861,776,000 after purchasing an additional 666,450 shares during the period. 28.92% of the stock is owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Trading Down 2.0%

Shares of VTI opened at $313.09 on Friday. Vanguard Total Stock Market ETF has a 1-year low of $236.42 and a 1-year high of $344.42. The firm’s 50-day moving average price is $335.26 and its 200-day moving average price is $333.54. The firm has a market capitalization of $533.16 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. 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.