Cornerstone Financial Management LLC Acquires Shares of 3,034 Vanguard Total Stock Market ETF $VTI

Cornerstone Financial Management LLC acquired a new stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 3,034 shares of the company’s stock, valued at approximately $1,017,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VTI. Mercer Global Advisors Inc. ADV raised its stake in Vanguard Total Stock Market ETF by 208.2% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 1,997,096 shares of the company’s stock valued at $655,190,000 after acquiring an additional 3,842,502 shares during the last quarter. Vanguard Group Inc. raised its stake in Vanguard Total Stock Market ETF by 3.8% during the 4th quarter. Vanguard Group Inc. now owns 62,622,049 shares of the company’s stock valued at $20,995,293,000 after acquiring an additional 2,291,938 shares during the last quarter. SBI Okasan Asset Management Co.Ltd. purchased a new stake in Vanguard Total Stock Market ETF during the 4th quarter valued at approximately $715,235,000. Corient Private Wealth LLC raised its stake in shares of Vanguard Total Stock Market ETF by 122.5% during the 2nd quarter. Corient Private Wealth LLC now owns 2,520,364 shares of the company’s stock worth $766,014,000 after buying an additional 1,387,750 shares in the last quarter. Finally, Cambridge Associates LLC MA ADV raised its stake in shares of Vanguard Total Stock Market ETF by 155.1% during the 3rd quarter. Cambridge Associates LLC MA ADV now owns 1,694,819 shares of the company’s stock worth $556,189,000 after buying an additional 1,030,501 shares in the last quarter. 28.92% of the stock is owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Trading Up 0.6%

Shares of VTI stock opened at $366.36 on Friday. The company has a market cap of $640.11 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. The stock has a 50 day simple moving average of $355.77 and a 200-day simple moving average of $342.68. Vanguard Total Stock Market ETF has a 12-month low of $291.97 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.