Spinnaker Investment Group LLC Has $4.76 Million Stake in Vanguard Total Stock Market ETF $VTI

Spinnaker Investment Group LLC lifted its position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 100.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,874 shares of the ETF’s stock after purchasing an additional 6,440 shares during the period. Vanguard Total Stock Market ETF accounts for approximately 0.8% of Spinnaker Investment Group LLC’s investment portfolio, making the stock its 17th biggest holding. Spinnaker Investment Group LLC’s holdings in Vanguard Total Stock Market ETF were worth $4,764,000 at the end of the most recent reporting period.

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

Vanguard Total Stock Market ETF Stock Down 0.0%

Shares of NYSEARCA:VTI opened at $381.63 on Tuesday. Vanguard Total Stock Market ETF has a 12-month low of $310.40 and a 12-month high of $383.29. The company’s 50 day moving average price is $369.12 and its two-hundred day moving average price is $352.02. The firm has a market cap of $684.11 billion, a PE ratio of 24.26 and a beta of 1.01.

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.