Fund Advisors of America Inc FL Makes New $1.38 Million Investment in Vanguard Total Stock Market ETF $VTI

Fund Advisors of America Inc FL acquired a new stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) during the fourth quarter, HoldingsChannel.com reports. The firm acquired 4,129 shares of the company’s stock, valued at approximately $1,384,000. Vanguard Total Stock Market ETF accounts for 1.3% of Fund Advisors of America Inc FL’s holdings, making the stock its 22nd biggest position.

Several other institutional investors have also modified their holdings of VTI. Core Wealth Advisors LLC bought a new position in shares of Vanguard Total Stock Market ETF during the 4th quarter valued at approximately $30,000. Hilton Head Capital Partners LLC bought a new stake in Vanguard Total Stock Market ETF in the fourth quarter worth $31,000. Wealth Watch Advisors INC bought a new stake in Vanguard Total Stock Market ETF in the third quarter worth $31,000. Basepoint Wealth LLC purchased a new position in Vanguard Total Stock Market ETF during the fourth quarter worth $32,000. Finally, Torren Management LLC purchased a new stake in shares of Vanguard Total Stock Market ETF in the fourth quarter valued at $36,000. 28.92% of the stock is owned by institutional investors.

Vanguard Total Stock Market ETF Stock Performance

Vanguard Total Stock Market ETF stock opened at $369.99 on Friday. The firm has a 50-day moving average price of $360.11 and a 200-day moving average price of $343.96. The firm has a market capitalization of $646.45 billion, a PE ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 12-month low of $291.97 and a 12-month 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.