Parallel Advisors LLC Increases Holdings in Vanguard Total Stock Market ETF $VTI

Parallel Advisors LLC boosted its holdings in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 2.9% during the first quarter, Holdings Channel reports. The firm owned 153,820 shares of the ETF’s stock after acquiring an additional 4,364 shares during the quarter. Vanguard Total Stock Market ETF makes up about 0.9% of Parallel Advisors LLC’s investment portfolio, making the stock its 17th biggest position. Parallel Advisors LLC’s holdings in Vanguard Total Stock Market ETF were worth $49,347,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Core Wealth Advisors LLC purchased a new position in shares of Vanguard Total Stock Market ETF during the fourth quarter valued at approximately $30,000. Hilton Head Capital Partners LLC bought a new position in shares of Vanguard Total Stock Market ETF during the fourth quarter valued at approximately $31,000. Wealth Watch Advisors INC purchased a new stake in Vanguard Total Stock Market ETF in the third quarter worth $31,000. Basepoint Wealth LLC purchased a new stake in Vanguard Total Stock Market ETF in the fourth quarter worth $32,000. Finally, Strategic Wealth Investment Group LLC purchased a new stake in Vanguard Total Stock Market ETF in the second quarter worth $33,000. Institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Up 1.9%

NYSEARCA:VTI opened at $380.82 on Wednesday. The firm’s fifty day simple moving average is $368.42 and its 200 day simple moving average is $350.88. The stock has a market cap of $682.65 billion, a P/E ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a twelve month low of $308.45 and a twelve month high of $381.74.

Vanguard Total Stock Market ETF 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.