Steph & Co. Raises Stock Holdings in Vanguard Total Stock Market ETF $VTI

Steph & Co. raised its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 8.2% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 25,215 shares of the company’s stock after purchasing an additional 1,913 shares during the quarter. Vanguard Total Stock Market ETF comprises about 2.3% of Steph & Co.’s investment portfolio, making the stock its 10th largest position. Steph & Co.’s holdings in Vanguard Total Stock Market ETF were worth $8,089,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Ervin Investment Management LLC grew its holdings in shares of Vanguard Total Stock Market ETF by 121.5% in the 4th quarter. Ervin Investment Management LLC now owns 3,668 shares of the company’s stock valued at $1,230,000 after buying an additional 2,012 shares during the period. Serenus Wealth Advisors LLC raised its stake in Vanguard Total Stock Market ETF by 31.7% during the 4th quarter. Serenus Wealth Advisors LLC now owns 33,831 shares of the company’s stock worth $11,343,000 after buying an additional 8,144 shares during the period. Rolek Wealth Management LLC raised its stake in Vanguard Total Stock Market ETF by 7.5% during the 4th quarter. Rolek Wealth Management LLC now owns 25,652 shares of the company’s stock worth $8,600,000 after buying an additional 1,799 shares during the period. Diversified Management Inc. bought a new position in Vanguard Total Stock Market ETF during the fourth quarter worth about $5,067,000. Finally, RM Financial Services LLC bought a new position in Vanguard Total Stock Market ETF during the fourth quarter worth about $3,163,000. 28.92% of the stock is owned by institutional investors.

Vanguard Total Stock Market ETF Trading Down 0.0%

NYSEARCA:VTI opened at $363.65 on Thursday. Vanguard Total Stock Market ETF has a 1 year low of $298.77 and a 1 year high of $374.70. The stock has a market cap of $635.37 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. The stock has a 50-day moving average price of $361.85 and a two-hundred day moving average price of $344.64.

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. 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.