Piedmont Capital Management LLC NC Purchases New Stake in Vanguard Total Stock Market ETF $VTI

Piedmont Capital Management LLC NC purchased a new stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) during the 4th quarter, HoldingsChannel.com reports. The firm purchased 4,481 shares of the company’s stock, valued at approximately $1,502,000. Vanguard Total Stock Market ETF comprises about 1.0% of Piedmont Capital Management LLC NC’s holdings, making the stock its 18th biggest position.

Several other hedge funds have also added to or reduced their stakes in the company. Portfolio Resources Advisor Group Inc. bought a new position in Vanguard Total Stock Market ETF in the fourth quarter valued at about $102,000. Resources Management Corp CT ADV boosted its holdings in Vanguard Total Stock Market ETF by 110.7% in the fourth quarter. Resources Management Corp CT ADV now owns 295 shares of the company’s stock valued at $99,000 after acquiring an additional 155 shares during the last quarter. Satovsky Asset Management LLC boosted its holdings in Vanguard Total Stock Market ETF by 2.6% in the fourth quarter. Satovsky Asset Management LLC now owns 83,258 shares of the company’s stock valued at $27,914,000 after acquiring an additional 2,116 shares during the last quarter. Seven Mile Advisory boosted its holdings in Vanguard Total Stock Market ETF by 2.7% in the fourth quarter. Seven Mile Advisory now owns 69,000 shares of the company’s stock valued at $23,134,000 after acquiring an additional 1,827 shares during the last quarter. Finally, MML Investors Services LLC boosted its holdings in Vanguard Total Stock Market ETF by 2.2% in the fourth quarter. MML Investors Services LLC now owns 479,820 shares of the company’s stock valued at $160,869,000 after acquiring an additional 10,430 shares during the last quarter. Institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Price Performance

Vanguard Total Stock Market ETF stock opened at $366.36 on Monday. The business’s 50-day simple moving average is $355.77 and its 200 day simple moving average is $342.78. The stock has a market cap of $640.11 billion, a price-to-earnings 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.

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.