Root Financial Partners LLC Has $38.24 Million Stake in Vanguard Total Stock Market ETF $VTI

Root Financial Partners LLC lifted its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 24.3% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 119,196 shares of the company’s stock after purchasing an additional 23,331 shares during the quarter. Vanguard Total Stock Market ETF accounts for 1.8% of Root Financial Partners LLC’s portfolio, making the stock its 14th largest position. Root Financial Partners LLC’s holdings in Vanguard Total Stock Market ETF were worth $38,239,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Core Wealth Advisors LLC purchased 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 valued at about $31,000. Wealth Watch Advisors INC bought a new stake in shares of Vanguard Total Stock Market ETF in the 3rd quarter valued at approximately $31,000. Basepoint Wealth LLC bought a new stake in shares of Vanguard Total Stock Market ETF in the 4th quarter valued at approximately $32,000. Finally, Strategic Wealth Investment Group LLC acquired a new position in Vanguard Total Stock Market ETF in the second quarter worth approximately $33,000. Institutional investors and hedge funds own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

NYSEARCA:VTI opened at $369.27 on Thursday. The company has a market capitalization of $655.05 billion, a P/E ratio of 24.26 and a beta of 1.01. The stock’s 50 day moving average price is $363.81 and its 200 day moving average price is $345.65. Vanguard Total Stock Market ETF has a 52 week low of $303.51 and a 52 week 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.