Bridges Investment Management Inc. Increases Stock Holdings in Vanguard Total Stock Market ETF $VTI

Bridges Investment Management Inc. increased its holdings in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 58.4% during the 4th quarter, Holdings Channel reports. The institutional investor owned 8,499 shares of the company’s stock after purchasing an additional 3,135 shares during the period. Bridges Investment Management Inc.’s holdings in Vanguard Total Stock Market ETF were worth $2,849,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in VTI. Heck Capital Advisors LLC purchased a new stake in Vanguard Total Stock Market ETF during the 4th quarter valued at about $150,448,000. Peapack Gladstone Financial Corp grew its stake in Vanguard Total Stock Market ETF by 0.6% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 9,863 shares of the company’s stock valued at $2,998,000 after purchasing an additional 56 shares during the last quarter. Alliancebernstein L.P. grew its stake in Vanguard Total Stock Market ETF by 17.5% during the 2nd quarter. Alliancebernstein L.P. now owns 238,003 shares of the company’s stock valued at $72,336,000 after purchasing an additional 35,409 shares during the last quarter. Darwin Wealth Management LLC purchased a new stake in Vanguard Total Stock Market ETF during the 2nd quarter valued at about $243,000. Finally, Ausdal Financial Partners Inc. grew its stake in Vanguard Total Stock Market ETF by 8.1% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 22,487 shares of the company’s stock valued at $6,834,000 after purchasing an additional 1,680 shares during the last quarter. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Down 0.7%

Shares of VTI stock opened at $371.65 on Thursday. The stock has a market cap of $649.35 billion, a PE ratio of 24.26 and a beta of 1.01. The business has a 50-day simple moving average of $349.43 and a 200-day simple moving average of $340.84. Vanguard Total Stock Market ETF has a 52-week low of $291.07 and a 52-week high of $374.70.

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.