Penn Capital Management Company LLC Invests $593,000 in Vanguard Total Stock Market ETF $VTI

Penn Capital Management Company LLC purchased a new position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,767 shares of the company’s stock, valued at approximately $593,000.

Other hedge funds have also made changes to their positions in the company. Wealth Watch Advisors INC purchased a new stake in shares of Vanguard Total Stock Market ETF in the third quarter worth approximately $31,000. Torren Management LLC bought a new position in Vanguard Total Stock Market ETF during the fourth quarter valued at approximately $36,000. Strategic Wealth Investment Group LLC bought a new position in Vanguard Total Stock Market ETF during the second quarter valued at approximately $33,000. KERR FINANCIAL PLANNING Corp bought a new position in Vanguard Total Stock Market ETF during the third quarter valued at approximately $50,000. Finally, Clear Investment Research LLC bought a new position in Vanguard Total Stock Market ETF during the third quarter valued at approximately $51,000. 28.92% of the stock is owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Stock Performance

Shares of VTI opened at $369.36 on Thursday. The firm has a market cap of $645.35 billion, a PE ratio of 24.26 and a beta of 1.01. The firm’s 50 day moving average price is $344.69 and its 200 day moving average price is $339.45. Vanguard Total Stock Market ETF has a twelve month low of $286.86 and a twelve month high of $370.24.

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.