MAI Capital Management Acquires 39,267 Shares of Vanguard Total Stock Market ETF $VTI

MAI Capital Management boosted its holdings in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 11.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 394,849 shares of the company’s stock after purchasing an additional 39,267 shares during the period. Vanguard Total Stock Market ETF comprises approximately 0.8% of MAI Capital Management’s investment portfolio, making the stock its 26th biggest position. MAI Capital Management’s holdings in Vanguard Total Stock Market ETF were worth $129,577,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Evolution Wealth Management Inc. acquired a new stake in shares of Vanguard Total Stock Market ETF during the 2nd quarter valued at $29,000. Strategic Wealth Investment Group LLC acquired a new position in Vanguard Total Stock Market ETF during the 2nd quarter worth approximately $33,000. Anfield Capital Management LLC bought a new position in shares of Vanguard Total Stock Market ETF in the 2nd quarter worth $45,000. Clear Investment Research LLC bought a new stake in Vanguard Total Stock Market ETF during the 3rd quarter valued at $51,000. Finally, Glassy Mountain Advisors Inc. bought a new stake in shares of Vanguard Total Stock Market ETF during the third quarter worth about $57,000. Institutional investors and hedge funds own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Up 0.8%

Vanguard Total Stock Market ETF stock opened at $339.21 on Wednesday. Vanguard Total Stock Market ETF has a 52 week low of $236.42 and a 52 week high of $344.42. The company’s 50 day moving average price is $339.23 and its two-hundred day moving average price is $331.66. The stock has a market cap of $577.64 billion, a P/E ratio of 24.26 and a beta of 1.02.

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.