Vanguard Total Stock Market ETF $VTI is Foundation Wealth Management LLC PA’s Largest Position

Foundation Wealth Management LLC PA increased its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 15.0% in the 2nd quarter, HoldingsChannel reports. The fund owned 63,693 shares of the company’s stock after acquiring an additional 8,315 shares during the period. Vanguard Total Stock Market ETF accounts for approximately 8.4% of Foundation Wealth Management LLC PA’s holdings, making the stock its largest holding. Foundation Wealth Management LLC PA’s holdings in Vanguard Total Stock Market ETF were worth $19,358,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in shares of Vanguard Total Stock Market ETF by 4.1% during the first quarter. Vanguard Group Inc. now owns 55,916,401 shares of the company’s stock valued at $15,368,063,000 after buying an additional 2,195,553 shares during the period. Wealthfront Advisers LLC boosted its position in shares of Vanguard Total Stock Market ETF by 7.7% during the second quarter. Wealthfront Advisers LLC now owns 17,195,561 shares of the company’s stock valued at $5,226,247,000 after buying an additional 1,224,122 shares during the period. LPL Financial LLC boosted its position in shares of Vanguard Total Stock Market ETF by 0.7% during the first quarter. LPL Financial LLC now owns 12,996,720 shares of the company’s stock valued at $3,572,018,000 after buying an additional 90,381 shares during the period. WealthNavi Inc. boosted its position in shares of Vanguard Total Stock Market ETF by 7.8% during the second quarter. WealthNavi Inc. now owns 12,352,859 shares of the company’s stock valued at $3,754,404,000 after buying an additional 895,647 shares during the period. Finally, Northern Trust Corp boosted its position in shares of Vanguard Total Stock Market ETF by 4.0% during the first quarter. Northern Trust Corp now owns 9,763,667 shares of the company’s stock valued at $2,683,446,000 after buying an additional 378,147 shares during the period. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Price Performance

Shares of NYSEARCA:VTI opened at $329.97 on Friday. The business has a 50 day simple moving average of $319.50 and a two-hundred day simple moving average of $297.59. Vanguard Total Stock Market ETF has a 1 year low of $236.42 and a 1 year high of $331.74. The firm has a market capitalization of $547.29 billion, a PE ratio of 24.26 and a beta of 1.02.

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.