NewEdge Wealth LLC Increases Stock Holdings in Vanguard Total Stock Market ETF $VTI

NewEdge Wealth LLC boosted its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 2.0% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 122,054 shares of the company’s stock after buying an additional 2,384 shares during the quarter. NewEdge Wealth LLC’s holdings in Vanguard Total Stock Market ETF were worth $40,663,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Gallagher Fiduciary Advisors LLC boosted its position in shares of Vanguard Total Stock Market ETF by 30,685.3% during the second quarter. Gallagher Fiduciary Advisors LLC now owns 150,330,714 shares of the company’s stock valued at $45,690,014,000 after buying an additional 149,842,394 shares during the period. Rakuten Investment Management Inc. bought a new stake in shares of Vanguard Total Stock Market ETF during the third quarter worth $15,530,622,000. Symphony Financial Ltd. Co. increased its stake in Vanguard Total Stock Market ETF by 40,887.2% in the 2nd quarter. Symphony Financial Ltd. Co. now owns 7,376,472 shares of the company’s stock worth $2,242,006,000 after buying an additional 7,358,475 shares during the period. Vanguard Group Inc. lifted its holdings in Vanguard Total Stock Market ETF by 5.1% during the 2nd quarter. Vanguard Group Inc. now owns 58,768,332 shares of the company’s stock valued at $17,861,458,000 after buying an additional 2,851,931 shares in the last quarter. Finally, State of New Jersey Common Pension Fund D increased its position in shares of Vanguard Total Stock Market ETF by 105.0% during the second quarter. State of New Jersey Common Pension Fund D now owns 3,514,970 shares of the company’s stock worth $1,068,305,000 after acquiring an additional 1,800,000 shares during the period. 28.92% of the stock is owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Stock Performance

Shares of NYSEARCA VTI opened at $338.83 on Thursday. The firm has a market capitalization of $576.99 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02. The stock has a 50 day moving average price of $339.05 and a 200 day moving average price of $330.74. Vanguard Total Stock Market ETF has a 52-week low of $236.42 and a 52-week high of $344.42.

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.