Quantum Portfolio Management LLC Purchases Shares of 917,494 Vanguard Total Stock Market ETF $VTI

Quantum Portfolio Management LLC acquired a new position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 917,494 shares of the company’s stock, valued at approximately $294,341,000. Vanguard Total Stock Market ETF makes up approximately 3.1% of Quantum Portfolio Management LLC’s investment portfolio, making the stock its 5th biggest position. Quantum Portfolio Management LLC owned approximately 0.05% of Vanguard Total Stock Market ETF as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Heck Capital Advisors LLC purchased a new position in shares of Vanguard Total Stock Market ETF during the fourth quarter worth about $150,448,000. Peapack Gladstone Financial Corp lifted its holdings in shares of Vanguard Total Stock Market ETF by 0.6% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 9,863 shares of the company’s stock valued at $2,998,000 after purchasing an additional 56 shares during the last quarter. Alliancebernstein L.P. lifted its holdings in shares of Vanguard Total Stock Market ETF by 17.5% in the 2nd quarter. Alliancebernstein L.P. now owns 238,003 shares of the company’s stock valued at $72,336,000 after purchasing an additional 35,409 shares during the last quarter. Darwin Wealth Management LLC purchased a new stake in shares of Vanguard Total Stock Market ETF in the 2nd quarter valued at about $243,000. Finally, Ausdal Financial Partners Inc. boosted its position in shares of Vanguard Total Stock Market ETF by 8.1% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 22,487 shares of the company’s stock valued at $6,834,000 after purchasing an additional 1,680 shares during the period. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Down 0.4%

NYSEARCA:VTI opened at $368.25 on Thursday. The stock’s 50 day moving average price is $365.68 and its 200 day moving average price is $346.90. The company has a market capitalization of $660.12 billion, a PE ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 52-week low of $304.00 and a 52-week high of $374.70.

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.