Granite Islands Private Wealth LLC Acquires 12,756 Shares of Vanguard Total Stock Market ETF $VTI

Granite Islands Private Wealth LLC acquired a new stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 12,756 shares of the ETF’s stock, valued at approximately $4,774,000. Vanguard Total Stock Market ETF comprises 2.8% of Granite Islands Private Wealth LLC’s portfolio, making the stock its 10th largest holding.

Several other hedge funds and other institutional investors have also made changes to their positions in VTI. Matrix Private Capital Group LLC purchased a new stake in Vanguard Total Stock Market ETF in the 1st quarter worth about $46,000. Raleigh Capital Management Inc. lifted its stake in Vanguard Total Stock Market ETF by 45.0% in the first quarter. Raleigh Capital Management Inc. now owns 145 shares of the ETF’s stock worth $47,000 after purchasing an additional 45 shares during the last quarter. Hilton Head Capital Partners LLC lifted its stake in Vanguard Total Stock Market ETF by 67.4% in the first quarter. Hilton Head Capital Partners LLC now owns 154 shares of the ETF’s stock worth $49,000 after purchasing an additional 62 shares during the last quarter. Merkkuri Wealth Advisors LLC bought a new stake in Vanguard Total Stock Market ETF in the first quarter worth about $62,000. Finally, Allied Private Wealth LLC purchased a new position in shares of Vanguard Total Stock Market ETF during the second quarter valued at approximately $63,000. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

VTI opened at $374.07 on Friday. The stock’s 50 day moving average price is $378.39 and its 200-day moving average price is $366.70. Vanguard Total Stock Market ETF has a one year low of $310.40 and a one year high of $385.12. The stock has a market cap of $688.96 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.