IFC & Insurance Marketing Inc. Grows Position in Vanguard Total Stock Market ETF $VTI

IFC & Insurance Marketing Inc. raised its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 123.1% during the 1st quarter, Holdings Channel.com reports. The fund owned 5,029 shares of the company’s stock after acquiring an additional 2,775 shares during the period. Vanguard Total Stock Market ETF accounts for about 1.7% of IFC & Insurance Marketing Inc.’s portfolio, making the stock its 18th biggest position. IFC & Insurance Marketing Inc.’s holdings in Vanguard Total Stock Market ETF were worth $1,613,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Core Wealth Advisors LLC purchased a new stake in shares of Vanguard Total Stock Market ETF in the fourth quarter valued at about $30,000. Hilton Head Capital Partners LLC purchased a new position in Vanguard Total Stock Market ETF during the fourth quarter worth about $31,000. Wealth Watch Advisors INC purchased a new position in Vanguard Total Stock Market ETF during the third quarter worth about $31,000. Basepoint Wealth LLC bought a new stake in Vanguard Total Stock Market ETF in the 4th quarter worth about $32,000. Finally, Torren Management LLC bought a new stake in Vanguard Total Stock Market ETF in the 4th quarter worth about $36,000. 28.92% of the stock is owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Stock Performance

NYSEARCA:VTI opened at $368.81 on Tuesday. The firm has a market cap of $644.39 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 52 week low of $291.97 and a 52 week high of $374.70. The firm has a 50-day moving average price of $360.78 and a two-hundred day moving average price of $344.26.

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.