Exchange Bank Grows Holdings in Vanguard Total Stock Market ETF $VTI

Exchange Bank increased its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 19.9% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,366 shares of the ETF’s stock after purchasing an additional 2,221 shares during the quarter. Vanguard Total Stock Market ETF accounts for 3.1% of Exchange Bank’s investment portfolio, making the stock its 4th biggest position. Exchange Bank’s holdings in Vanguard Total Stock Market ETF were worth $4,946,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in VTI. Auto Owners Insurance Co grew its stake in shares of Vanguard Total Stock Market ETF by 58,332.8% during the fourth quarter. Auto Owners Insurance Co now owns 12,270,882 shares of the ETF’s stock valued at $4,114,059,000 after buying an additional 12,249,882 shares during the last quarter. Align Financial LLC bought a new stake in shares of Vanguard Total Stock Market ETF in the 4th quarter valued at about $210,276,000. Narodna banka Slovenska bought a new stake in shares of Vanguard Total Stock Market ETF in the 1st quarter valued at about $1,762,447,000. Vanguard Group Inc. lifted its stake in shares of Vanguard Total Stock Market ETF by 3.8% in the 4th quarter. Vanguard Group Inc. now owns 62,622,049 shares of the ETF’s stock valued at $20,995,293,000 after acquiring an additional 2,291,938 shares during the last quarter. Finally, SBI Okasan Asset Management Co.Ltd. purchased a new stake in Vanguard Total Stock Market ETF during the 4th quarter valued at about $715,235,000. 28.92% of the stock is owned by institutional investors.

Vanguard Total Stock Market ETF Price Performance

VTI opened at $381.78 on Friday. The stock’s 50 day simple moving average is $368.96 and its 200 day simple moving average is $351.62. Vanguard Total Stock Market ETF has a 1 year low of $310.40 and a 1 year high of $383.29. The firm has a market cap of $684.38 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01.

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.