Focus Partners Wealth Increases Stake in Vanguard Total Stock Market ETF $VTI

Focus Partners Wealth increased its position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 44.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 2,549,585 shares of the company’s stock after purchasing an additional 785,256 shares during the period. Vanguard Total Stock Market ETF makes up about 1.0% of Focus Partners Wealth’s portfolio, making the stock its 18th biggest position. Focus Partners Wealth’s holdings in Vanguard Total Stock Market ETF were worth $854,782,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Core Wealth Advisors LLC purchased a new position in shares of Vanguard Total Stock Market ETF during the fourth quarter valued at $30,000. Hilton Head Capital Partners LLC purchased a new position in shares of Vanguard Total Stock Market ETF during the fourth quarter valued at $31,000. Wealth Watch Advisors INC purchased a new position in shares of Vanguard Total Stock Market ETF during the third quarter valued at $31,000. Basepoint Wealth LLC purchased a new position in shares of Vanguard Total Stock Market ETF during the fourth quarter valued at $32,000. Finally, Torren Management LLC purchased a new position in shares of Vanguard Total Stock Market ETF during the fourth quarter valued at $36,000. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Trading Up 0.6%

Shares of Vanguard Total Stock Market ETF stock opened at $366.36 on Friday. The firm has a market cap of $640.11 billion, a P/E ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 12 month low of $291.97 and a 12 month high of $374.70. The stock’s fifty day moving average price is $355.77 and its 200-day moving average price is $342.68.

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.