Gateway Wealth Partners LLC Boosts Holdings in Vanguard Total Stock Market ETF $VTI

Gateway Wealth Partners LLC raised its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 41.6% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 23,383 shares of the company’s stock after buying an additional 6,870 shares during the period. Vanguard Total Stock Market ETF comprises about 1.0% of Gateway Wealth Partners LLC’s portfolio, making the stock its 19th largest holding. Gateway Wealth Partners LLC’s holdings in Vanguard Total Stock Market ETF were worth $7,674,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently modified their holdings of the stock. Heck Capital Advisors LLC purchased a new stake in Vanguard Total Stock Market ETF in the 4th quarter worth approximately $150,448,000. Ignite Planners LLC purchased a new stake in Vanguard Total Stock Market ETF during the second quarter worth $569,000. Cascade Investment Group Inc. grew its position in Vanguard Total Stock Market ETF by 1.5% during the second quarter. Cascade Investment Group Inc. now owns 71,950 shares of the company’s stock valued at $21,868,000 after buying an additional 1,095 shares during the period. Robertson Stephens Wealth Management LLC increased its holdings in Vanguard Total Stock Market ETF by 27.6% in the second quarter. Robertson Stephens Wealth Management LLC now owns 186,179 shares of the company’s stock valued at $56,719,000 after buying an additional 40,314 shares in the last quarter. Finally, Blue Trust Inc. increased its holdings in Vanguard Total Stock Market ETF by 2.6% in the second quarter. Blue Trust Inc. now owns 24,906 shares of the company’s stock valued at $7,570,000 after buying an additional 634 shares in the last quarter. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Up 2.1%

VTI stock opened at $340.96 on Friday. Vanguard Total Stock Market ETF has a 52-week low of $236.42 and a 52-week high of $344.42. The firm has a market cap of $580.62 billion, a P/E ratio of 24.26 and a beta of 1.02. The company’s 50-day simple moving average is $338.68 and its 200-day simple moving average is $329.22.

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.