Fifth Third Bancorp Acquires 289,689 Shares of Vanguard Total Stock Market ETF $VTI

Fifth Third Bancorp raised its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 100.8% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 577,193 shares of the company’s stock after acquiring an additional 289,689 shares during the quarter. Fifth Third Bancorp’s holdings in Vanguard Total Stock Market ETF were worth $185,170,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Heck Capital Advisors LLC bought a new position in Vanguard Total Stock Market ETF in the 4th quarter worth $150,448,000. Peapack Gladstone Financial Corp grew its position in shares of Vanguard Total Stock Market ETF by 0.6% in the second 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. grew its position in shares of Vanguard Total Stock Market ETF by 17.5% in the second 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 bought a new position in shares of Vanguard Total Stock Market ETF in the second quarter worth about $243,000. Finally, Ausdal Financial Partners Inc. increased its stake in shares of Vanguard Total Stock Market ETF by 8.1% in the second quarter. Ausdal Financial Partners Inc. now owns 22,487 shares of the company’s stock worth $6,834,000 after purchasing an additional 1,680 shares during the period. Institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Price Performance

Shares of NYSEARCA VTI traded up $1.24 during trading hours on Friday, hitting $372.69. 2,761,395 shares of the company’s stock were exchanged, compared to its average volume of 5,009,340. The company’s 50-day moving average price is $366.55 and its 200-day moving average price is $347.33. Vanguard Total Stock Market ETF has a 1-year low of $304.00 and a 1-year high of $374.70. The stock has a market capitalization of $668.08 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.