Parallel Advisors LLC Grows Stock Position in Vanguard Total Stock Market ETF $VTI

Parallel Advisors LLC increased its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 2.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 153,820 shares of the ETF’s stock after acquiring an additional 4,364 shares during the period. Vanguard Total Stock Market ETF comprises about 0.9% of Parallel Advisors LLC’s holdings, making the stock its 17th largest holding. Parallel Advisors LLC’s holdings in Vanguard Total Stock Market ETF were worth $49,347,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Finward Bancorp increased its stake in Vanguard Total Stock Market ETF by 3.7% in the 4th quarter. Finward Bancorp now owns 841 shares of the ETF’s stock worth $282,000 after purchasing an additional 30 shares during the period. Boyum Wealth Architects LLC boosted its stake in shares of Vanguard Total Stock Market ETF by 0.3% during the fourth quarter. Boyum Wealth Architects LLC now owns 11,653 shares of the ETF’s stock valued at $3,969,000 after purchasing an additional 30 shares during the period. Financial Perspectives Inc boosted its stake in shares of Vanguard Total Stock Market ETF by 1.3% during the fourth quarter. Financial Perspectives Inc now owns 2,387 shares of the ETF’s stock valued at $800,000 after purchasing an additional 30 shares during the period. Van Hulzen Asset Management LLC grew its holdings in shares of Vanguard Total Stock Market ETF by 1.1% in the fourth quarter. Van Hulzen Asset Management LLC now owns 2,749 shares of the ETF’s stock worth $922,000 after purchasing an additional 30 shares during the last quarter. Finally, Alteri Wealth LLC grew its holdings in shares of Vanguard Total Stock Market ETF by 2.7% in the fourth quarter. Alteri Wealth LLC now owns 1,132 shares of the ETF’s stock worth $380,000 after purchasing an additional 30 shares during the last quarter. 28.92% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Stock Up 1.9%

Shares of NYSEARCA VTI opened at $380.82 on Wednesday. Vanguard Total Stock Market ETF has a 52 week low of $308.45 and a 52 week high of $381.74. The firm’s fifty day moving average is $368.42 and its 200 day moving average is $350.88. The company has a market cap of $682.65 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01.

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.