Novem Group Purchases Shares of 10,605 Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Novem Group purchased a new stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 10,605 shares of the company’s stock, valued at approximately $3,074,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Mountain Hill Investment Partners Corp. purchased a new position in Vanguard Total Stock Market ETF during the 4th quarter worth $29,000. AlphaMark Advisors LLC purchased a new position in Vanguard Total Stock Market ETF during the 4th quarter worth $33,000. Denver PWM LLC purchased a new position in Vanguard Total Stock Market ETF during the 4th quarter worth $33,000. Promus Capital LLC purchased a new position in Vanguard Total Stock Market ETF during the 4th quarter worth $43,000. Finally, Wagner Wealth Management LLC purchased a new position in Vanguard Total Stock Market ETF during the 4th quarter worth $44,000.

Vanguard Total Stock Market ETF Price Performance

VTI opened at $291.85 on Wednesday. The company has a market capitalization of $2.42 trillion, a price-to-earnings ratio of 24.52 and a beta of 1.03. The firm’s fifty day moving average price is $272.21 and its two-hundred day moving average price is $286.86. Vanguard Total Stock Market ETF has a 1 year low of $236.42 and a 1 year high of $303.39.

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.