Tower Wealth Partners Inc. Grows Position in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Tower Wealth Partners Inc. grew its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 307.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,040 shares of the company’s stock after buying an additional 6,820 shares during the period. Vanguard Total Stock Market ETF accounts for about 1.4% of Tower Wealth Partners Inc.’s holdings, making the stock its 13th biggest holding. Tower Wealth Partners Inc.’s holdings in Vanguard Total Stock Market ETF were worth $2,620,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Principal Financial Group Inc. acquired a new stake in shares of Vanguard Total Stock Market ETF during the 3rd quarter worth approximately $43,525,000. Assetmark Inc. grew its position in Vanguard Total Stock Market ETF by 49.5% in the third quarter. Assetmark Inc. now owns 7,449 shares of the company’s stock worth $2,109,000 after acquiring an additional 2,466 shares during the period. Bridges Investment Management Inc. increased its stake in Vanguard Total Stock Market ETF by 3.6% during the third quarter. Bridges Investment Management Inc. now owns 4,200 shares of the company’s stock worth $1,189,000 after acquiring an additional 145 shares during the last quarter. Essex Savings Bank raised its position in Vanguard Total Stock Market ETF by 4.8% in the third quarter. Essex Savings Bank now owns 4,375 shares of the company’s stock valued at $1,239,000 after purchasing an additional 200 shares during the period. Finally, Sheets Smith Wealth Management lifted its stake in shares of Vanguard Total Stock Market ETF by 4.5% in the 3rd quarter. Sheets Smith Wealth Management now owns 6,159 shares of the company’s stock valued at $1,744,000 after purchasing an additional 263 shares during the last quarter.

Vanguard Total Stock Market ETF Trading Up 0.5 %

NYSEARCA VTI opened at $283.34 on Monday. The stock has a fifty day simple moving average of $294.99 and a 200-day simple moving average of $290.07. The stock has a market cap of $2.37 trillion, a PE ratio of 25.79 and a beta of 1.03. Vanguard Total Stock Market ETF has a twelve month low of $244.57 and a twelve month high of $303.39.

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.