Palumbo Wealth Management LLC Acquires Shares of 2,207 Vanguard Total Stock Market ETF $VTI

Palumbo Wealth Management LLC acquired a new stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the 4th quarter, Holdings Channel reports. The fund acquired 2,207 shares of the company’s stock, valued at approximately $740,000.

Several other large investors also recently bought and sold shares of the stock. Evolution Wealth Management Inc. purchased a new stake in shares of Vanguard Total Stock Market ETF in the second quarter valued at about $29,000. Wealth Watch Advisors INC purchased a new stake in shares of Vanguard Total Stock Market ETF in the third quarter valued at about $31,000. Strategic Wealth Investment Group LLC purchased a new stake in shares of Vanguard Total Stock Market ETF in the second quarter valued at about $33,000. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of Vanguard Total Stock Market ETF in the third quarter valued at about $50,000. Finally, Clear Investment Research LLC purchased a new stake in shares of Vanguard Total Stock Market ETF in the third quarter valued at about $51,000. Institutional investors and hedge funds own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

Shares of NYSEARCA:VTI opened at $325.43 on Wednesday. The company has a 50-day simple moving average of $332.68 and a 200-day simple moving average of $333.51. Vanguard Total Stock Market ETF has a one year low of $240.05 and a one year high of $344.42. The stock has a market capitalization of $563.24 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02.

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.