Founders Financial Securities LLC Has $9.05 Million Stock Position in Vanguard Total Stock Market ETF $VTI

Founders Financial Securities LLC increased its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 74.8% during the fourth quarter, Holdings Channel reports. The firm owned 26,981 shares of the company’s stock after acquiring an additional 11,545 shares during the period. Founders Financial Securities LLC’s holdings in Vanguard Total Stock Market ETF were worth $9,046,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Core Wealth Advisors LLC bought a new position in shares of Vanguard Total Stock Market ETF in the fourth quarter worth $30,000. Wealth Watch Advisors INC bought a new position in Vanguard Total Stock Market ETF in the third quarter valued at about $31,000. Basepoint Wealth LLC bought a new position in Vanguard Total Stock Market ETF in the fourth quarter valued at about $32,000. Torren Management LLC acquired a new stake in shares of Vanguard Total Stock Market ETF during the fourth quarter valued at about $36,000. Finally, Strategic Wealth Investment Group LLC acquired a new stake in shares of Vanguard Total Stock Market ETF during the second quarter valued at about $33,000. Institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Trading Up 0.2%

Shares of VTI stock opened at $372.54 on Friday. The business’s 50-day moving average price is $346.45 and its 200-day moving average price is $339.98. Vanguard Total Stock Market ETF has a 12 month low of $286.86 and a 12 month high of $373.13. The firm has a market capitalization of $650.91 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01.

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.