Brown Advisory Inc. Buys 282,160 Shares of Vanguard Total Stock Market ETF $VTI

Brown Advisory Inc. boosted its holdings in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 14.9% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 2,171,354 shares of the company’s stock after buying an additional 282,160 shares during the quarter. Vanguard Total Stock Market ETF makes up approximately 1.0% of Brown Advisory Inc.’s holdings, making the stock its 19th largest holding. Brown Advisory Inc.’s holdings in Vanguard Total Stock Market ETF were worth $727,990,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in VTI. Heck Capital Advisors LLC acquired a new position in Vanguard Total Stock Market ETF during the 4th quarter valued at about $150,448,000. Peapack Gladstone Financial Corp increased its position in Vanguard Total Stock Market ETF by 0.6% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 9,863 shares of the company’s stock valued at $2,998,000 after buying an additional 56 shares in the last quarter. Alliancebernstein L.P. grew its stake in Vanguard Total Stock Market ETF by 17.5% during the 2nd quarter. Alliancebernstein L.P. now owns 238,003 shares of the company’s stock valued at $72,336,000 after purchasing an additional 35,409 shares during the last quarter. Darwin Wealth Management LLC acquired a new position in shares of Vanguard Total Stock Market ETF in the second quarter valued at about $243,000. Finally, Ausdal Financial Partners Inc. increased its holdings in shares of Vanguard Total Stock Market ETF by 8.1% in the second quarter. Ausdal Financial Partners Inc. now owns 22,487 shares of the company’s stock valued at $6,834,000 after purchasing an additional 1,680 shares during the period. 28.92% of the stock is owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Stock Performance

Shares of VTI stock opened at $366.36 on Friday. The stock’s 50-day simple moving average is $355.77 and its 200-day simple moving average is $342.68. The firm has a market capitalization of $640.11 billion, a PE ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a fifty-two week low of $291.97 and a fifty-two week high of $374.70.

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.