GK Wealth Management LLC Invests $1.02 Million in Vanguard Total Stock Market ETF $VTI

GK Wealth Management LLC acquired a new position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 2,766 shares of the ETF’s stock, valued at approximately $1,023,000.

A number of other institutional investors have also recently bought and sold shares of VTI. Cardinal Point Capital Management ULC increased its position in Vanguard Total Stock Market ETF by 5.2% during the first quarter. Cardinal Point Capital Management ULC now owns 611,956 shares of the ETF’s stock worth $196,322,000 after buying an additional 30,152 shares during the last quarter. Ervin Investment Management LLC boosted its stake in shares of Vanguard Total Stock Market ETF by 121.5% during the 4th quarter. Ervin Investment Management LLC now owns 3,668 shares of the ETF’s stock worth $1,230,000 after acquiring an additional 2,012 shares in the last quarter. Serenus Wealth Advisors LLC boosted its stake in shares of Vanguard Total Stock Market ETF by 31.7% during the 4th quarter. Serenus Wealth Advisors LLC now owns 33,831 shares of the ETF’s stock worth $11,343,000 after acquiring an additional 8,144 shares in the last quarter. Rolek Wealth Management LLC increased its holdings in shares of Vanguard Total Stock Market ETF by 7.5% during the 4th quarter. Rolek Wealth Management LLC now owns 25,652 shares of the ETF’s stock valued at $8,600,000 after acquiring an additional 1,799 shares during the last quarter. Finally, Diversified Management Inc. acquired a new position in shares of Vanguard Total Stock Market ETF during the 4th quarter valued at about $5,067,000. Institutional investors and hedge funds own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

Shares of VTI stock opened at $380.82 on Wednesday. The stock’s 50 day simple moving average is $368.42 and its 200 day simple moving average is $350.88. Vanguard Total Stock Market ETF has a twelve month low of $308.45 and a twelve month high of $381.74. The company has a market capitalization of $682.65 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.