NewEdge Wealth LLC Raises Stock Holdings in Vanguard Total Stock Market ETF $VTI

NewEdge Wealth LLC boosted its position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 84.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 224,567 shares of the company’s stock after acquiring an additional 102,513 shares during the quarter. Vanguard Total Stock Market ETF comprises about 0.9% of NewEdge Wealth LLC’s portfolio, making the stock its 21st largest position. NewEdge Wealth LLC’s holdings in Vanguard Total Stock Market ETF were worth $75,290,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in VTI. Wealth Watch Advisors INC purchased a new position in shares of Vanguard Total Stock Market ETF in the third quarter worth about $31,000. Strategic Wealth Investment Group LLC purchased a new stake in Vanguard Total Stock Market ETF in the second quarter valued at approximately $33,000. Torren Management LLC purchased a new stake in Vanguard Total Stock Market ETF in the fourth quarter valued at approximately $36,000. Burrus Financial Services Inc. increased its holdings in Vanguard Total Stock Market ETF by 43.1% in the 4th quarter. Burrus Financial Services Inc. now owns 130,722 shares of the company’s stock worth $44,000 after buying an additional 39,387 shares during the period. Finally, KERR FINANCIAL PLANNING Corp acquired a new position in Vanguard Total Stock Market ETF in the 3rd quarter worth approximately $50,000. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Trading Up 0.7%

VTI opened at $362.87 on Friday. Vanguard Total Stock Market ETF has a 12-month low of $277.25 and a 12-month high of $363.13. The firm has a 50 day moving average of $336.25 and a two-hundred day moving average of $336.35. The firm has a market capitalization of $634.01 billion, a PE 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.