Cornerstone Wealth Group LLC Buys 5,282 Shares of Vanguard Total Stock Market ETF $VTI

Cornerstone Wealth Group LLC lifted its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 9.0% in the 1st quarter, Holdings Channel reports. The fund owned 63,926 shares of the company’s stock after acquiring an additional 5,282 shares during the quarter. Vanguard Total Stock Market ETF accounts for approximately 1.4% of Cornerstone Wealth Group LLC’s investment portfolio, making the stock its 14th biggest position. Cornerstone Wealth Group LLC’s holdings in Vanguard Total Stock Market ETF were worth $22,236,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Core Wealth Advisors LLC acquired a new position in Vanguard Total Stock Market ETF in the 4th quarter worth $30,000. Hilton Head Capital Partners LLC acquired a new stake in shares of Vanguard Total Stock Market ETF in the 4th quarter valued at about $31,000. Wealth Watch Advisors INC acquired a new stake in shares of Vanguard Total Stock Market ETF in the 3rd quarter valued at about $31,000. Basepoint Wealth LLC acquired a new stake in shares of Vanguard Total Stock Market ETF in the 4th quarter valued at about $32,000. Finally, Strategic Wealth Investment Group LLC bought a new stake in shares of Vanguard Total Stock Market ETF in the second quarter valued at about $33,000. 28.92% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Price Performance

VTI stock opened at $362.22 on Friday. The stock has a market capitalization of $632.87 billion, a P/E ratio of 24.26 and a beta of 1.01. The business has a 50-day moving average of $362.61 and a 200-day moving average of $344.95. Vanguard Total Stock Market ETF has a fifty-two week low of $301.39 and a fifty-two week high of $374.70.

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.