Prasad Wealth Partners LLC Increases Position in Vanguard Total Stock Market ETF $VTI

Prasad Wealth Partners LLC lifted its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 189.7% in the 1st quarter, HoldingsChannel reports. The fund owned 4,708 shares of the company’s stock after purchasing an additional 3,083 shares during the quarter. Prasad Wealth Partners LLC’s holdings in Vanguard Total Stock Market ETF were worth $1,511,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in VTI. Core Wealth Advisors LLC bought a new position in Vanguard Total Stock Market ETF in the fourth quarter worth about $30,000. Hilton Head Capital Partners LLC purchased a new stake in shares of Vanguard Total Stock Market ETF during the fourth 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 about $31,000. Basepoint Wealth LLC bought a new stake in shares of Vanguard Total Stock Market ETF in the 4th quarter valued at about $32,000. Finally, Strategic Wealth Investment Group LLC purchased a new position in shares of Vanguard Total Stock Market ETF in the 2nd quarter worth approximately $33,000. 28.92% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Stock Down 0.1%

Shares of Vanguard Total Stock Market ETF stock opened at $368.76 on Friday. The company has a market cap of $654.15 billion, a P/E ratio of 24.26 and a beta of 1.01. The firm’s 50 day moving average price is $364.23 and its 200-day moving average price is $345.88. Vanguard Total Stock Market ETF has a 52-week low of $304.00 and a 52-week 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.