Ritholtz Wealth Management Buys 38,097 Shares of Vanguard Total Stock Market ETF $VTI

Ritholtz Wealth Management grew its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 2.3% in the third quarter, HoldingsChannel.com reports. The fund owned 1,727,690 shares of the ETF’s stock after acquiring an additional 38,097 shares during the period. Vanguard Total Stock Market ETF makes up 9.2% of Ritholtz Wealth Management’s investment portfolio, making the stock its largest position. Ritholtz Wealth Management’s holdings in Vanguard Total Stock Market ETF were worth $646,571,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of VTI. Bank of America Corp DE boosted its stake in 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 worth $4,583,544,000 after acquiring an additional 102,161 shares during the last quarter. HB Wealth Management LLC grew its holdings in Vanguard Total Stock Market ETF by 0.4% during the second quarter. HB Wealth Management LLC now owns 8,759,071 shares of the ETF’s stock valued at $3,089,725,000 after purchasing an additional 32,666 shares during the period. Envestnet Asset Management Inc. grew its holdings in Vanguard Total Stock Market ETF by 1.7% during the second quarter. Envestnet Asset Management Inc. now owns 6,136,001 shares of the ETF’s stock valued at $2,270,566,000 after purchasing an additional 104,980 shares during the period. Forvis Mazars Wealth Advisors LLC increased its stake in Vanguard Total Stock Market ETF by 1.7% in the third quarter. Forvis Mazars Wealth Advisors LLC now owns 5,150,299 shares of the ETF’s stock valued at $1,927,448,000 after purchasing an additional 86,962 shares in the last quarter. Finally, Sequoia Financial Advisors LLC increased its stake in Vanguard Total Stock Market ETF by 1.1% in the second quarter. Sequoia Financial Advisors LLC now owns 3,831,169 shares of the ETF’s stock valued at $1,417,686,000 after purchasing an additional 43,426 shares in the last quarter. 28.92% of the stock is owned by institutional investors.

Vanguard Total Stock Market ETF Stock Performance

Shares of NYSEARCA:VTI opened at $374.25 on Thursday. The company has a 50 day moving average price of $376.04 and a two-hundred day moving average price of $360.38. The company has a market capitalization of $694.37 billion, a PE ratio of 24.26 and a beta of 1.02. Vanguard Total Stock Market ETF has a 52 week low of $310.40 and a 52 week high of $385.12.

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.