Turn8 Private Wealth Inc. Invests $3.76 Million in Vanguard Total Stock Market ETF $VTI

Turn8 Private Wealth Inc. purchased a new position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 11,708 shares of the company’s stock, valued at approximately $3,756,000. Vanguard Total Stock Market ETF makes up 2.3% of Turn8 Private Wealth Inc.’s investment portfolio, making the stock its 21st biggest position.

Several other hedge funds have also recently added to or reduced their stakes in the company. Finward Bancorp boosted its stake in Vanguard Total Stock Market ETF by 3.7% during the 4th quarter. Finward Bancorp now owns 841 shares of the company’s stock worth $282,000 after purchasing an additional 30 shares during the last quarter. Boyum Wealth Architects LLC raised its position in shares of Vanguard Total Stock Market ETF by 0.3% in the fourth quarter. Boyum Wealth Architects LLC now owns 11,653 shares of the company’s stock valued at $3,969,000 after buying an additional 30 shares during the last quarter. Financial Perspectives Inc lifted its stake in shares of Vanguard Total Stock Market ETF by 1.3% in the fourth quarter. Financial Perspectives Inc now owns 2,387 shares of the company’s stock worth $800,000 after buying an additional 30 shares in the last quarter. Van Hulzen Asset Management LLC lifted its stake in shares of Vanguard Total Stock Market ETF by 1.1% in the fourth quarter. Van Hulzen Asset Management LLC now owns 2,749 shares of the company’s stock worth $922,000 after buying an additional 30 shares in the last quarter. Finally, Alteri Wealth LLC lifted its stake in shares of Vanguard Total Stock Market ETF by 2.7% in the fourth quarter. Alteri Wealth LLC now owns 1,132 shares of the company’s stock worth $380,000 after buying an additional 30 shares in the last quarter. 28.92% of the stock is owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Stock Performance

VTI opened at $368.76 on Friday. Vanguard Total Stock Market ETF has a twelve month low of $304.00 and a twelve month high of $374.70. The firm has a market capitalization of $654.15 billion, a PE ratio of 24.26 and a beta of 1.01. The firm’s 50-day moving average price is $364.58 and its 200 day moving average price is $346.04.

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.