Vanguard Total Stock Market ETF $VTI Shares Purchased by Destination Wealth Management

Destination Wealth Management increased its holdings in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 191.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,204 shares of the company’s stock after purchasing an additional 4,732 shares during the quarter. Destination Wealth Management’s holdings in Vanguard Total Stock Market ETF were worth $2,415,000 at the end of the most recent reporting period.

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

Vanguard Total Stock Market ETF Trading Up 0.6%

Shares of NYSEARCA:VTI opened at $366.36 on Friday. The business has a 50-day moving average price of $355.77 and a 200 day moving average price of $342.68. The company has a market capitalization of $640.11 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 12-month low of $291.97 and a 12-month high of $374.70.

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.