Topsail Wealth Management LLC Acquires 7,457 Shares of Vanguard Total Stock Market ETF $VTI

Topsail Wealth Management LLC increased its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 1.7% during the second quarter, HoldingsChannel.com reports. The fund owned 443,518 shares of the company’s stock after acquiring an additional 7,457 shares during the quarter. Vanguard Total Stock Market ETF accounts for approximately 24.7% of Topsail Wealth Management LLC’s holdings, making the stock its largest holding. Topsail Wealth Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $135,203,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also modified their holdings of the company. Wealth Preservation Advisors LLC acquired a new stake in shares of Vanguard Total Stock Market ETF in the 1st quarter worth approximately $26,000. Toth Financial Advisory Corp acquired a new stake in shares of Vanguard Total Stock Market ETF in the 2nd quarter worth approximately $27,000. MJT & Associates Financial Advisory Group Inc. grew its holdings in shares of Vanguard Total Stock Market ETF by 165.7% in the 2nd quarter. MJT & Associates Financial Advisory Group Inc. now owns 93 shares of the company’s stock worth $28,000 after acquiring an additional 58 shares during the period. Citizens National Bank Trust Department acquired a new stake in shares of Vanguard Total Stock Market ETF in the 1st quarter worth approximately $34,000. Finally, Knuff & Co LLC acquired a new stake in shares of Vanguard Total Stock Market ETF in the 1st quarter worth approximately $37,000. Institutional investors and hedge funds own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Price Performance

VTI opened at $333.71 on Friday. The stock’s 50 day simple moving average is $324.42 and its 200 day simple moving average is $303.84. The stock has a market cap of $556.52 billion, a P/E ratio of 24.26 and a beta of 1.02. Vanguard Total Stock Market ETF has a 1-year low of $236.42 and a 1-year high of $334.54.

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.