Phillip James Consulting Co. Buys Shares of 14,577 Vanguard Total Stock Market ETF $VTI

Phillip James Consulting Co. purchased a new stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) during the 1st quarter, HoldingsChannel.com reports. The firm purchased 14,577 shares of the ETF’s stock, valued at approximately $4,676,000. Vanguard Total Stock Market ETF makes up 3.5% of Phillip James Consulting Co.’s portfolio, making the stock its 10th largest holding.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Core Wealth Advisors LLC purchased a new position in Vanguard Total Stock Market ETF during the fourth quarter valued at approximately $30,000. Hilton Head Capital Partners LLC bought a new stake in Vanguard Total Stock Market ETF during the 4th quarter worth approximately $31,000. Wealth Watch Advisors INC bought a new stake in Vanguard Total Stock Market ETF during the 3rd quarter worth approximately $31,000. Basepoint Wealth LLC purchased a new stake in Vanguard Total Stock Market ETF in the 4th quarter worth approximately $32,000. Finally, Strategic Wealth Investment Group LLC purchased a new stake in Vanguard Total Stock Market ETF in the 2nd quarter worth approximately $33,000. 28.92% of the stock is owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Price Performance

Shares of NYSEARCA:VTI opened at $369.45 on Wednesday. The firm has a fifty day moving average price of $367.83 and a two-hundred day moving average price of $348.92. The company has a market cap of $662.27 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a one year low of $304.40 and a one year 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.