Pennington Partners & CO. LLC Has $59.20 Million Holdings in Vanguard Total Stock Market ETF $VTI

Pennington Partners & CO. LLC lifted its holdings in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 3.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 184,540 shares of the ETF’s stock after purchasing an additional 5,748 shares during the quarter. Vanguard Total Stock Market ETF makes up about 20.3% of Pennington Partners & CO. LLC’s holdings, making the stock its biggest position. Pennington Partners & CO. LLC’s holdings in Vanguard Total Stock Market ETF were worth $59,202,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Core Wealth Advisors LLC bought a new stake in shares of Vanguard Total Stock Market ETF during the 4th quarter worth about $30,000. Wealth Watch Advisors INC bought a new position in shares of Vanguard Total Stock Market ETF in the 3rd quarter valued at approximately $31,000. Hilton Head Capital Partners LLC bought a new position in shares of Vanguard Total Stock Market ETF in the 4th quarter valued at approximately $31,000. Basepoint Wealth LLC acquired a new stake in Vanguard Total Stock Market ETF in the 4th quarter worth approximately $32,000. Finally, Strategic Wealth Investment Group LLC acquired a new stake in Vanguard Total Stock Market ETF in the 2nd quarter worth approximately $33,000. Institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Down 1.1%

Shares of Vanguard Total Stock Market ETF stock opened at $364.69 on Friday. Vanguard Total Stock Market ETF has a 12-month low of $304.40 and a 12-month high of $374.70. The stock has a 50 day moving average price of $367.86 and a two-hundred day moving average price of $349.36. The stock has a market capitalization of $653.74 billion, a P/E ratio of 24.26 and a beta of 1.01.

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.