Piedmont Capital Management LLC NC Takes $1.50 Million Position in Vanguard Total Stock Market ETF $VTI

Piedmont Capital Management LLC NC bought a new stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 4,481 shares of the company’s stock, valued at approximately $1,502,000. Vanguard Total Stock Market ETF makes up approximately 1.0% of Piedmont Capital Management LLC NC’s holdings, making the stock its 18th biggest holding.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Portfolio Resources Advisor Group Inc. acquired a new stake in shares of Vanguard Total Stock Market ETF in the fourth quarter valued at $102,000. Resources Management Corp CT ADV increased its stake in shares of Vanguard Total Stock Market ETF by 110.7% in the fourth quarter. Resources Management Corp CT ADV now owns 295 shares of the company’s stock valued at $99,000 after buying an additional 155 shares in the last quarter. Satovsky Asset Management LLC increased its stake in shares of Vanguard Total Stock Market ETF by 2.6% in the fourth quarter. Satovsky Asset Management LLC now owns 83,258 shares of the company’s stock valued at $27,914,000 after buying an additional 2,116 shares in the last quarter. Seven Mile Advisory increased its stake in shares of Vanguard Total Stock Market ETF by 2.7% in the fourth quarter. Seven Mile Advisory now owns 69,000 shares of the company’s stock valued at $23,134,000 after buying an additional 1,827 shares in the last quarter. Finally, MML Investors Services LLC increased its stake in shares of Vanguard Total Stock Market ETF by 2.2% in the fourth quarter. MML Investors Services LLC now owns 479,820 shares of the company’s stock valued at $160,869,000 after buying an additional 10,430 shares in the last quarter. 28.92% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Stock Performance

Shares of NYSEARCA:VTI opened at $366.36 on Monday. Vanguard Total Stock Market ETF has a twelve month low of $291.97 and a twelve month high of $374.70. The firm has a market cap of $640.11 billion, a PE ratio of 24.26 and a beta of 1.01. The business has a fifty day moving average of $355.77 and a 200-day moving average of $342.78.

Vanguard Total Stock Market ETF 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.