Morris Financial Concepts Inc. Makes New Investment in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Morris Financial Concepts Inc. acquired a new position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the first quarter, according to its most recent disclosure with the SEC. The firm acquired 4,009 shares of the company’s stock, valued at approximately $1,102,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Element Wealth LLC lifted its holdings in shares of Vanguard Total Stock Market ETF by 69.5% in the 1st quarter. Element Wealth LLC now owns 3,972 shares of the company’s stock valued at $1,092,000 after buying an additional 1,628 shares during the period. New Capital Management LP acquired a new stake in shares of Vanguard Total Stock Market ETF in the 1st quarter valued at approximately $545,000. Strategic Blueprint LLC lifted its holdings in shares of Vanguard Total Stock Market ETF by 292.3% in the 1st quarter. Strategic Blueprint LLC now owns 53,217 shares of the company’s stock valued at $14,626,000 after buying an additional 39,650 shares during the period. SimpliFi Inc. lifted its holdings in shares of Vanguard Total Stock Market ETF by 10.4% in the 1st quarter. SimpliFi Inc. now owns 4,888 shares of the company’s stock valued at $1,343,000 after buying an additional 461 shares during the period. Finally, Avantax Planning Partners Inc. lifted its holdings in shares of Vanguard Total Stock Market ETF by 0.4% in the 1st quarter. Avantax Planning Partners Inc. now owns 10,745 shares of the company’s stock valued at $2,953,000 after buying an additional 43 shares during the period. 28.92% of the stock is owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Price Performance

VTI opened at $308.03 on Friday. The business has a 50 day simple moving average of $290.74 and a 200-day simple moving average of $286.61. The stock has a market capitalization of $506.28 billion, a P/E ratio of 24.26 and a beta of 1.02. Vanguard Total Stock Market ETF has a 12 month low of $236.42 and a 12 month high of $308.40.

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.