Front Street Capital Management Inc. Acquires New Holdings in Vanguard Total Stock Market ETF $VTI

Front Street Capital Management Inc. bought a new stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the 2nd quarter, Holdings Channel.com reports. The fund bought 3,797 shares of the ETF’s stock, valued at approximately $1,405,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VTI. Wealthfront Advisers LLC boosted its stake in shares of Vanguard Total Stock Market ETF by 0.9% during the fourth quarter. Wealthfront Advisers LLC now owns 18,025,283 shares of the ETF’s stock valued at $6,043,337,000 after acquiring an additional 163,272 shares during the last quarter. Bank of America Corp DE lifted its holdings in Vanguard Total Stock Market ETF by 0.7% in the 1st quarter. Bank of America Corp DE now owns 14,287,409 shares of the ETF’s stock valued at $4,583,544,000 after purchasing an additional 102,161 shares in the last quarter. LPL Financial LLC lifted its holdings in Vanguard Total Stock Market ETF by 2.0% in the 4th quarter. LPL Financial LLC now owns 14,079,780 shares of the ETF’s stock valued at $4,720,528,000 after purchasing an additional 277,939 shares in the last quarter. WealthNavi Inc. boosted its stake in shares of Vanguard Total Stock Market ETF by 4.4% during the 1st quarter. WealthNavi Inc. now owns 12,935,073 shares of the ETF’s stock worth $4,149,701,000 after purchasing an additional 540,294 shares during the last quarter. Finally, Auto Owners Insurance Co boosted its stake in shares of Vanguard Total Stock Market ETF by 58,332.8% during the 4th quarter. Auto Owners Insurance Co now owns 12,270,882 shares of the ETF’s stock worth $4,114,059,000 after purchasing an additional 12,249,882 shares during the last quarter. Institutional investors and hedge funds own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Price Performance

NYSEARCA:VTI opened at $377.07 on Tuesday. The firm has a 50 day simple moving average of $371.75 and a 200-day simple moving average of $354.76. The firm has a market cap of $675.93 billion, a PE ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 1-year low of $310.40 and a 1-year high of $385.12.

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.