Lane Brothers & Co. Inc. Acquires Shares of 5,034 Vanguard Total Stock Market ETF $VTI

Lane Brothers & Co. Inc. bought a new position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) during the fourth quarter, HoldingsChannel reports. The firm bought 5,034 shares of the company’s stock, valued at approximately $1,688,000. Vanguard Total Stock Market ETF makes up about 1.2% of Lane Brothers & Co. Inc.’s holdings, making the stock its 20th biggest holding.

Several other hedge funds also recently made changes to their positions in VTI. Abbot Financial Management Inc. raised its position in shares of Vanguard Total Stock Market ETF by 2.1% during the 3rd quarter. Abbot Financial Management Inc. now owns 1,436 shares of the company’s stock valued at $471,000 after acquiring an additional 30 shares in the last quarter. Finward Bancorp lifted its stake in Vanguard Total Stock Market ETF by 3.7% during the fourth quarter. Finward Bancorp now owns 841 shares of the company’s stock worth $282,000 after purchasing an additional 30 shares during the last quarter. Boyum Wealth Architects LLC lifted its stake in Vanguard Total Stock Market ETF by 0.3% during the fourth quarter. Boyum Wealth Architects LLC now owns 11,653 shares of the company’s stock worth $3,969,000 after purchasing an additional 30 shares during the last quarter. Financial Perspectives Inc boosted its holdings in Vanguard Total Stock Market ETF by 1.3% in the fourth quarter. Financial Perspectives Inc now owns 2,387 shares of the company’s stock worth $800,000 after purchasing an additional 30 shares during the period. Finally, Van Hulzen Asset Management LLC boosted its holdings in Vanguard Total Stock Market ETF by 1.1% in the fourth quarter. Van Hulzen Asset Management LLC now owns 2,749 shares of the company’s stock worth $922,000 after purchasing an additional 30 shares during the period. Institutional investors and hedge funds own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Price Performance

VTI stock opened at $369.99 on Friday. Vanguard Total Stock Market ETF has a 1-year low of $291.97 and a 1-year high of $374.70. The firm has a fifty day moving average price of $360.11 and a two-hundred day moving average price of $343.96. The firm has a market cap of $646.45 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01.

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.