Verus Financial Partners Inc. Boosts Stock Position in Vanguard Total Stock Market ETF $VTI

Verus Financial Partners Inc. increased its position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 1.3% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 773,864 shares of the company’s stock after purchasing an additional 10,035 shares during the period. Vanguard Total Stock Market ETF makes up about 24.0% of Verus Financial Partners Inc.’s portfolio, making the stock its biggest position. Verus Financial Partners Inc.’s holdings in Vanguard Total Stock Market ETF were worth $267,780,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in VTI. Core Wealth Advisors LLC bought a new stake in shares of Vanguard Total Stock Market ETF in the 4th quarter valued at about $30,000. Hilton Head Capital Partners LLC purchased a new stake in shares of Vanguard Total Stock Market ETF in the 4th quarter worth approximately $31,000. Wealth Watch Advisors INC bought a new position in shares of Vanguard Total Stock Market ETF during the third quarter valued at approximately $31,000. Basepoint Wealth LLC bought a new position in shares of Vanguard Total Stock Market ETF during the fourth quarter valued at approximately $32,000. Finally, Torren Management LLC bought a new position in shares of Vanguard Total Stock Market ETF during the fourth quarter valued at approximately $36,000. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Up 0.1%

Shares of VTI stock opened at $363.98 on Friday. The firm has a market cap of $635.95 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 52-week low of $300.10 and a 52-week high of $374.70. The company’s 50 day moving average is $362.27 and its 200 day moving average is $344.83.

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.