LPL Financial LLC Purchases 277,939 Shares of Vanguard Total Stock Market ETF $VTI

LPL Financial LLC grew its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 2.0% during the 4th quarter, HoldingsChannel reports. The firm owned 14,079,780 shares of the company’s stock after purchasing an additional 277,939 shares during the quarter. Vanguard Total Stock Market ETF comprises about 1.3% of LPL Financial LLC’s portfolio, making the stock its 7th largest holding. LPL Financial LLC’s holdings in Vanguard Total Stock Market ETF were worth $4,720,528,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Heck Capital Advisors LLC bought a new stake in Vanguard Total Stock Market ETF in the 4th quarter valued at $150,448,000. Peapack Gladstone Financial Corp lifted its position in Vanguard Total Stock Market ETF by 0.6% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 9,863 shares of the company’s stock valued at $2,998,000 after acquiring an additional 56 shares in the last quarter. Alliancebernstein L.P. lifted its position in Vanguard Total Stock Market ETF by 17.5% in the 2nd quarter. Alliancebernstein L.P. now owns 238,003 shares of the company’s stock valued at $72,336,000 after acquiring an additional 35,409 shares in the last quarter. Darwin Wealth Management LLC bought a new stake in Vanguard Total Stock Market ETF in the 2nd quarter valued at $243,000. Finally, Ausdal Financial Partners Inc. lifted its position in Vanguard Total Stock Market ETF by 8.1% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 22,487 shares of the company’s stock valued at $6,834,000 after acquiring an additional 1,680 shares in the last quarter. 28.92% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Stock Performance

VTI opened at $363.38 on Monday. The stock has a market capitalization of $634.90 billion, a P/E ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 12 month low of $291.97 and a 12 month high of $374.70. The firm’s fifty day simple moving average is $351.20 and its 200 day simple moving average is $341.41.

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.