Vanguard Total Stock Market ETF $VTI is Elm Partners Management LLC’s 2nd Largest Position

Elm Partners Management LLC increased its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 21.5% during the second quarter, Holdings Channel reports. The institutional investor owned 1,166,423 shares of the ETF’s stock after acquiring an additional 206,261 shares during the period. Vanguard Total Stock Market ETF comprises about 15.5% of Elm Partners Management LLC’s portfolio, making the stock its 2nd biggest position. Elm Partners Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $431,623,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VTI. Core Wealth Advisors LLC purchased a new position in Vanguard Total Stock Market ETF in the 4th quarter valued at approximately $30,000. Hilton Head Capital Partners LLC purchased a new stake in Vanguard Total Stock Market ETF during the fourth quarter worth $31,000. Wealth Watch Advisors INC acquired a new stake in Vanguard Total Stock Market ETF in the third quarter valued at $31,000. Basepoint Wealth LLC acquired a new stake in Vanguard Total Stock Market ETF in the fourth quarter valued at $32,000. Finally, Strategic Wealth Investment Group LLC purchased a new position in shares of Vanguard Total Stock Market ETF in the second quarter valued at $33,000. 28.92% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Stock Down 0.1%

NYSEARCA:VTI opened at $383.85 on Friday. Vanguard Total Stock Market ETF has a 52-week low of $310.40 and a 52-week high of $385.12. The stock has a fifty day simple moving average of $370.08 and a 200-day simple moving average of $353.13. The company has a market capitalization of $688.09 billion, a PE ratio of 24.26 and a beta of 1.01.

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.