Royal Bank of Canada Buys 95,777 Shares of Vanguard Total Stock Market ETF $VTI

Royal Bank of Canada raised its holdings in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 3.2% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 3,055,143 shares of the company’s stock after purchasing an additional 95,777 shares during the period. Royal Bank of Canada owned 0.18% of Vanguard Total Stock Market ETF worth $1,024,298,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Core Wealth Advisors LLC purchased a new position in Vanguard Total Stock Market ETF during the 4th quarter valued at about $30,000. Hilton Head Capital Partners LLC purchased a new position in Vanguard Total Stock Market ETF during the 4th quarter valued at about $31,000. Wealth Watch Advisors INC purchased a new position in Vanguard Total Stock Market ETF during the 3rd quarter valued at about $31,000. Basepoint Wealth LLC purchased a new position in Vanguard Total Stock Market ETF during the 4th quarter valued at about $32,000. Finally, Strategic Wealth Investment Group LLC purchased a new position in Vanguard Total Stock Market ETF during the 2nd quarter valued at about $33,000. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

NYSEARCA VTI opened at $370.37 on Wednesday. The company has a market capitalization of $647.11 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. The company’s 50-day simple moving average is $357.68 and its two-hundred day simple moving average is $343.32. Vanguard Total Stock Market ETF has a one year low of $291.97 and a one year high of $374.70.

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.