Strategic Investment Advisors MI Takes Position in Vanguard Total Stock Market ETF $VTI

Strategic Investment Advisors MI bought a new stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) during the 1st quarter, HoldingsChannel.com reports. The firm bought 2,031 shares of the ETF’s stock, valued at approximately $652,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in VTI. Heck Capital Advisors LLC bought a new stake in Vanguard Total Stock Market ETF in the fourth quarter valued at $150,448,000. Peapack Gladstone Financial Corp lifted its holdings in shares of Vanguard Total Stock Market ETF by 0.6% during the second quarter. Peapack Gladstone Financial Corp now owns 9,863 shares of the ETF’s stock valued at $2,998,000 after acquiring an additional 56 shares during the period. Alliancebernstein L.P. lifted its holdings in shares of Vanguard Total Stock Market ETF by 17.5% during the second quarter. Alliancebernstein L.P. now owns 238,003 shares of the ETF’s stock valued at $72,336,000 after acquiring an additional 35,409 shares during the period. Darwin Wealth Management LLC acquired a new stake in shares of Vanguard Total Stock Market ETF in the 2nd quarter valued at $243,000. Finally, Ausdal Financial Partners Inc. boosted its stake in shares of Vanguard Total Stock Market ETF by 8.1% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 22,487 shares of the ETF’s stock valued at $6,834,000 after purchasing an additional 1,680 shares in the last quarter. Institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Up 1.6%

Shares of Vanguard Total Stock Market ETF stock opened at $366.27 on Friday. Vanguard Total Stock Market ETF has a 12-month low of $304.40 and a 12-month high of $374.70. The stock has a market capitalization of $656.57 billion, a P/E ratio of 24.26 and a beta of 1.01. The company has a 50-day simple moving average of $368.02 and a 200 day simple moving average of $350.21.

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.