POM Investment Strategies LLC Purchases New Holdings in Vanguard Total Stock Market ETF $VTI

POM Investment Strategies LLC purchased a new position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the 2nd quarter, Holdings Channel.com reports. The firm purchased 4,730 shares of the ETF’s stock, valued at approximately $1,750,000. Vanguard Total Stock Market ETF accounts for approximately 2.0% of POM Investment Strategies LLC’s investment portfolio, making the stock its 11th largest position.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Cardinal Point Capital Management ULC increased its stake 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 acquiring an additional 30,152 shares during the last quarter. RM Financial Services LLC purchased a new stake in shares of Vanguard Total Stock Market ETF in the 4th quarter valued at approximately $3,163,000. Cary Street Partners Financial LLC increased its holdings in Vanguard Total Stock Market ETF by 17.8% in the 4th quarter. Cary Street Partners Financial LLC now owns 125,790 shares of the ETF’s stock valued at $42,174,000 after purchasing an additional 18,987 shares during the last quarter. Baron Wealth Management LLC purchased a new stake in Vanguard Total Stock Market ETF in the second quarter valued at approximately $778,000. Finally, First National Advisers LLC lifted its stake in Vanguard Total Stock Market ETF by 24.5% during the 4th quarter. First National Advisers LLC now owns 19,212 shares of the ETF’s stock worth $6,441,000 after acquiring an additional 3,778 shares in the last quarter. Institutional investors and hedge funds own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

NYSEARCA VTI opened at $379.73 on Friday. The firm has a 50 day simple moving average of $373.93 and a 200-day simple moving average of $357.15. Vanguard Total Stock Market ETF has a one year low of $310.40 and a one year high of $385.12. The firm has a market cap of $680.70 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01.

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.