Manning & Napier Advisors LLC Raises Position in Vanguard Total Stock Market ETF $VTI

Manning & Napier Advisors LLC grew its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 43.8% in the 1st quarter, Holdings Channel.com reports. The fund owned 88,187 shares of the company’s stock after buying an additional 26,863 shares during the period. Manning & Napier Advisors LLC’s holdings in Vanguard Total Stock Market ETF were worth $28,291,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the company. Auto Owners Insurance Co raised its stake in shares of 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 purchasing an additional 12,249,882 shares during the last quarter. Align Financial LLC purchased a new stake in Vanguard Total Stock Market ETF in the fourth quarter valued at approximately $210,276,000. Narodna banka Slovenska acquired a new position in Vanguard Total Stock Market ETF in the 1st quarter worth approximately $1,762,447,000. Mercer Global Advisors Inc. ADV increased its holdings in Vanguard Total Stock Market ETF by 208.2% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 1,997,096 shares of the company’s stock worth $655,190,000 after buying an additional 3,842,502 shares during the period. Finally, Vanguard Group Inc. raised its position 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 worth $20,995,293,000 after buying an additional 2,291,938 shares during the last quarter. 28.92% of the stock is owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Trading Up 0.3%

NYSEARCA VTI traded up $1.24 on Friday, hitting $372.69. 2,761,395 shares of the company’s stock traded hands, compared to its average volume of 5,009,340. Vanguard Total Stock Market ETF has a 1-year low of $304.00 and a 1-year high of $374.70. The firm’s 50-day moving average price is $366.55 and its two-hundred day moving average price is $347.33. The firm has a market capitalization of $668.08 billion, a PE 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.