Meridian Wealth Management LLC Grows Stock Holdings in Vanguard Total Stock Market ETF $VTI

Meridian Wealth Management LLC increased its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 11.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 52,161 shares of the company’s stock after purchasing an additional 5,392 shares during the period. Vanguard Total Stock Market ETF accounts for 0.7% of Meridian Wealth Management LLC’s investment portfolio, making the stock its 28th biggest position. Meridian Wealth Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $17,118,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Heck Capital Advisors LLC acquired a new stake in shares of Vanguard Total Stock Market ETF in the fourth quarter worth approximately $150,448,000. Triad Wealth Partners LLC acquired a new position in Vanguard Total Stock Market ETF during the second quarter worth approximately $287,000. Consilium Wealth Advisory LLC increased its position in Vanguard Total Stock Market ETF by 2.5% during the second quarter. Consilium Wealth Advisory LLC now owns 31,329 shares of the company’s stock worth $9,522,000 after purchasing an additional 779 shares during the last quarter. Barrett & Company Inc. boosted its holdings in shares of Vanguard Total Stock Market ETF by 14.9% in the 2nd quarter. Barrett & Company Inc. now owns 86,325 shares of the company’s stock valued at $26,237,000 after purchasing an additional 11,216 shares during the last quarter. Finally, Ascent Group LLC grew its stake in shares of Vanguard Total Stock Market ETF by 24.3% during the 2nd quarter. Ascent Group LLC now owns 8,731 shares of the company’s stock valued at $2,654,000 after buying an additional 1,709 shares during the period. 28.92% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Stock Down 0.5%

VTI stock opened at $340.57 on Friday. The company has a market cap of $579.95 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02. The business has a fifty day simple moving average of $338.09 and a 200-day simple moving average of $328.17. Vanguard Total Stock Market ETF has a 52 week low of $236.42 and a 52 week high of $344.42.

About Vanguard Total Stock Market ETF

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.