PFG Advisors Buys New Shares in Vanguard Total Stock Market ETF $VTI

PFG Advisors bought a new stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the 3rd quarter, HoldingsChannel reports. The institutional investor bought 147,936 shares of the company’s stock, valued at approximately $48,548,000. Vanguard Total Stock Market ETF makes up 2.0% of PFG Advisors’ portfolio, making the stock its 5th largest holding.

A number of other institutional investors have also added to or reduced their stakes in the company. Evolution Wealth Management Inc. acquired a new position in Vanguard Total Stock Market ETF in the 2nd quarter valued at approximately $29,000. Strategic Wealth Investment Group LLC acquired a new stake in shares of Vanguard Total Stock Market ETF during the 2nd quarter worth approximately $33,000. Anfield Capital Management LLC acquired a new stake in shares of Vanguard Total Stock Market ETF during the 2nd quarter worth approximately $45,000. Clear Investment Research LLC bought a new stake in shares of Vanguard Total Stock Market ETF during the third quarter valued at approximately $51,000. Finally, Glassy Mountain Advisors Inc. bought a new stake in shares of Vanguard Total Stock Market ETF during the third quarter valued at approximately $57,000. 28.92% of the stock is owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Trading Down 1.4%

Shares of NYSEARCA VTI opened at $331.41 on Monday. The firm has a market capitalization of $564.35 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02. Vanguard Total Stock Market ETF has a one year low of $236.42 and a one year high of $344.42. The business has a fifty day simple moving average of $339.34 and a 200 day simple moving average of $332.90.

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.