Commonwealth Financial Services LLC Boosts Stake in Vanguard Total Stock Market ETF $VTI

Commonwealth Financial Services LLC raised its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 112.6% during the first quarter, Holdings Channel.com reports. The institutional investor owned 2,770 shares of the ETF’s stock after buying an additional 1,467 shares during the period. Commonwealth Financial Services LLC’s holdings in Vanguard Total Stock Market ETF were worth $889,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Cardinal Point Capital Management ULC grew its position in shares of Vanguard Total Stock Market ETF by 5.2% in the first quarter. Cardinal Point Capital Management ULC now owns 611,956 shares of the ETF’s stock valued at $196,322,000 after purchasing an additional 30,152 shares during the period. Ervin Investment Management LLC lifted its position in Vanguard Total Stock Market ETF by 121.5% during the fourth quarter. Ervin Investment Management LLC now owns 3,668 shares of the ETF’s stock worth $1,230,000 after buying an additional 2,012 shares during the period. Serenus Wealth Advisors LLC lifted its position in Vanguard Total Stock Market ETF by 31.7% during the fourth quarter. Serenus Wealth Advisors LLC now owns 33,831 shares of the ETF’s stock worth $11,343,000 after buying an additional 8,144 shares during the period. Rolek Wealth Management LLC boosted its stake in Vanguard Total Stock Market ETF by 7.5% in the 4th quarter. Rolek Wealth Management LLC now owns 25,652 shares of the ETF’s stock worth $8,600,000 after buying an additional 1,799 shares during the last quarter. Finally, Diversified Management Inc. acquired a new stake in Vanguard Total Stock Market ETF in the 4th quarter worth about $5,067,000. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Price Performance

VTI opened at $367.01 on Monday. The stock has a market capitalization of $657.90 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. The business has a 50-day moving average of $367.64 and a two-hundred day moving average of $348.48. Vanguard Total Stock Market ETF has a 12 month low of $304.40 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.