Western Wealth Management LLC Increases Stock Position in Vanguard Total Stock Market ETF $VTI

Western Wealth Management LLC increased its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 12.0% in the 1st quarter, Holdings Channel reports. The institutional investor owned 65,828 shares of the ETF’s stock after purchasing an additional 7,056 shares during the period. Vanguard Total Stock Market ETF accounts for 0.8% of Western Wealth Management LLC’s investment portfolio, making the stock its 22nd largest holding. Western Wealth Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $21,118,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Vanguard Group Inc. lifted its position in shares of Vanguard Total Stock Market ETF by 3.8% during the fourth quarter. Vanguard Group Inc. now owns 62,622,049 shares of the ETF’s stock worth $20,995,293,000 after acquiring an additional 2,291,938 shares in the last quarter. Wealthfront Advisers LLC grew its position in shares of Vanguard Total Stock Market ETF by 0.9% in the fourth quarter. Wealthfront Advisers LLC now owns 18,025,283 shares of the ETF’s stock valued at $6,043,337,000 after purchasing an additional 163,272 shares in the last quarter. Bank of America Corp DE raised its stake in shares of Vanguard Total Stock Market ETF by 0.7% during the 1st quarter. Bank of America Corp DE now owns 14,287,409 shares of the ETF’s stock valued at $4,583,544,000 after purchasing an additional 102,161 shares during the period. LPL Financial LLC raised its stake in shares of Vanguard Total Stock Market ETF by 2.0% during the 4th quarter. LPL Financial LLC now owns 14,079,780 shares of the ETF’s stock valued at $4,720,528,000 after purchasing an additional 277,939 shares during the period. Finally, WealthNavi Inc. lifted its holdings in Vanguard Total Stock Market ETF by 4.4% during the 1st quarter. WealthNavi Inc. now owns 12,935,073 shares of the ETF’s stock worth $4,149,701,000 after purchasing an additional 540,294 shares in the last quarter. 28.92% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Stock Down 0.3%

VTI stock opened at $380.65 on Wednesday. The firm has a market capitalization of $682.35 billion, a PE ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a twelve month low of $310.40 and a twelve month high of $383.29. The stock has a 50-day simple moving average of $369.25 and a two-hundred day simple moving average of $352.31.

Vanguard Total Stock Market ETF 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.