Kinetic Wealth Investment Advisors LLC Buys New Shares in Vanguard Total Stock Market ETF $VTI

Kinetic Wealth Investment Advisors LLC purchased a new position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,416 shares of the ETF’s stock, valued at approximately $2,374,000. Vanguard Total Stock Market ETF makes up about 1.1% of Kinetic Wealth Investment Advisors LLC’s portfolio, making the stock its 16th biggest holding.

A number of other large investors have also recently added to or reduced their stakes in the company. Core Wealth Advisors LLC acquired a new position in shares of Vanguard Total Stock Market ETF during the 4th quarter worth about $30,000. Hilton Head Capital Partners LLC acquired a new stake in Vanguard Total Stock Market ETF in the 4th quarter valued at about $31,000. Wealth Watch Advisors INC acquired a new stake in Vanguard Total Stock Market ETF in the 3rd quarter valued at about $31,000. Basepoint Wealth LLC bought a new position in Vanguard Total Stock Market ETF during the fourth quarter worth about $32,000. Finally, Strategic Wealth Investment Group LLC bought a new position in Vanguard Total Stock Market ETF during the second quarter worth about $33,000. Institutional investors and hedge funds own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Price Performance

VTI opened at $379.73 on Tuesday. Vanguard Total Stock Market ETF has a 12-month low of $310.40 and a 12-month high of $385.12. The stock has a market cap of $680.70 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. The business has a 50 day moving average of $374.18 and a 200-day moving average of $357.59.

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.