LPL Financial LLC Increases Stake in Vanguard Total Stock Market ETF $VTI

LPL Financial LLC raised its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 2.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 14,079,780 shares of the company’s stock after acquiring an additional 277,939 shares during the quarter. Vanguard Total Stock Market ETF comprises 1.3% of LPL Financial LLC’s portfolio, making the stock its 7th largest position. LPL Financial LLC owned approximately 0.83% of Vanguard Total Stock Market ETF worth $4,720,528,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VTI. Heck Capital Advisors LLC bought a new position in Vanguard Total Stock Market ETF in the fourth quarter valued at approximately $150,448,000. Peapack Gladstone Financial Corp raised its holdings in 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 worth $2,998,000 after purchasing an additional 56 shares during the period. Alliancebernstein L.P. raised its holdings in 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 worth $72,336,000 after purchasing an additional 35,409 shares during the period. Darwin Wealth Management LLC acquired a new stake in Vanguard Total Stock Market ETF in the second quarter worth $243,000. Finally, Ausdal Financial Partners Inc. raised its holdings in 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. 28.92% of the stock is owned by institutional investors.

Vanguard Total Stock Market ETF Stock Performance

VTI opened at $363.38 on Monday. The firm’s fifty day moving average is $351.20 and its two-hundred day moving average is $341.41. The firm has a market cap of $634.90 billion, a PE ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a twelve month low of $291.97 and a twelve month high of $374.70.

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.