Penney Financial LLC Grows Stake in Vanguard Total Stock Market ETF $VTI

Penney Financial LLC increased its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 3.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 128,417 shares of the company’s stock after buying an additional 4,345 shares during the period. Vanguard Total Stock Market ETF accounts for approximately 15.8% of Penney Financial LLC’s investment portfolio, making the stock its 2nd biggest holding. Penney Financial LLC’s holdings in Vanguard Total Stock Market ETF were worth $41,198,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Auto Owners Insurance Co boosted its holdings in Vanguard Total Stock Market ETF by 58,332.8% in the fourth quarter. Auto Owners Insurance Co now owns 12,270,882 shares of the company’s stock worth $4,114,059,000 after acquiring an additional 12,249,882 shares in the last quarter. Align Financial LLC bought a new stake in shares of Vanguard Total Stock Market ETF during the fourth quarter valued at approximately $210,276,000. Mercer Global Advisors Inc. ADV increased its holdings in shares of Vanguard Total Stock Market ETF by 208.2% during the third 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 in the last quarter. Vanguard Group Inc. raised its position in shares of Vanguard Total Stock Market ETF by 3.8% during the fourth quarter. Vanguard Group Inc. now owns 62,622,049 shares of the company’s stock worth $20,995,293,000 after purchasing an additional 2,291,938 shares during the period. Finally, SBI Okasan Asset Management Co.Ltd. acquired a new position in shares of Vanguard Total Stock Market ETF during the fourth quarter worth approximately $715,235,000. 28.92% of the stock is owned by institutional investors.

Vanguard Total Stock Market ETF Price Performance

Shares of VTI opened at $362.22 on Monday. The business’s fifty day moving average is $362.61 and its 200 day moving average is $345.01. Vanguard Total Stock Market ETF has a 12-month low of $301.39 and a 12-month high of $374.70. The stock has a market cap of $632.87 billion, a P/E ratio of 24.26 and a beta of 1.01.

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.