Vanguard Total Stock Market ETF $VTI Shares Bought by Magnolia Wealth Management LLC

Magnolia Wealth Management LLC increased its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 1.5% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 181,284 shares of the ETF’s stock after purchasing an additional 2,664 shares during the quarter. Vanguard Total Stock Market ETF comprises 35.1% of Magnolia Wealth Management LLC’s investment portfolio, making the stock its largest holding. Magnolia Wealth Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $67,082,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of VTI. Core Wealth Advisors LLC acquired a new stake in Vanguard Total Stock Market ETF in the fourth quarter worth $30,000. Hilton Head Capital Partners LLC acquired a new position in shares of Vanguard Total Stock Market ETF during the fourth quarter valued at about $31,000. Wealth Watch Advisors INC acquired a new position in shares of Vanguard Total Stock Market ETF during the third quarter valued at about $31,000. Basepoint Wealth LLC bought a new position in shares of Vanguard Total Stock Market ETF during the 4th quarter worth about $32,000. Finally, Strategic Wealth Investment Group LLC bought a new position in shares of Vanguard Total Stock Market ETF during the 2nd quarter worth about $33,000. Institutional investors and hedge funds own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Price Performance

Shares of VTI opened at $379.73 on Friday. The stock has a 50-day moving average of $373.93 and a 200-day moving average of $357.15. The company has a market cap of $680.70 billion, a PE ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a one year low of $310.40 and a one year high of $385.12.

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.