Level Wealth Management LLC Has $50.76 Million Holdings in Vanguard Total Stock Market ETF $VTI

Level Wealth Management LLC raised its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 5.0% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 154,660 shares of the company’s stock after acquiring an additional 7,308 shares during the period. Vanguard Total Stock Market ETF accounts for about 26.7% of Level Wealth Management LLC’s holdings, making the stock its biggest holding. Level Wealth Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $50,755,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in VTI. 4J Wealth Management LLC boosted its stake in Vanguard Total Stock Market ETF by 1.5% in the 3rd quarter. 4J Wealth Management LLC now owns 2,057 shares of the company’s stock worth $675,000 after purchasing an additional 31 shares during the period. Aldebaran Financial Inc. lifted its holdings in shares of Vanguard Total Stock Market ETF by 1.0% in the second quarter. Aldebaran Financial Inc. now owns 3,103 shares of the company’s stock valued at $943,000 after purchasing an additional 32 shares in the last quarter. Werba Rubin Papier Wealth Management boosted its position in shares of Vanguard Total Stock Market ETF by 0.3% during the second quarter. Werba Rubin Papier Wealth Management now owns 9,785 shares of the company’s stock worth $2,974,000 after buying an additional 33 shares during the period. Bank of Jackson Hole Trust grew its holdings in shares of Vanguard Total Stock Market ETF by 15.9% during the second quarter. Bank of Jackson Hole Trust now owns 240 shares of the company’s stock worth $73,000 after buying an additional 33 shares in the last quarter. Finally, Sara Bay Financial grew its holdings in shares of Vanguard Total Stock Market ETF by 1.6% during the third quarter. Sara Bay Financial now owns 2,039 shares of the company’s stock worth $669,000 after buying an additional 33 shares in the last quarter. Institutional investors and hedge funds own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

NYSEARCA VTI opened at $340.05 on Thursday. The stock has a market capitalization of $579.07 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02. The stock’s 50 day moving average price is $334.38 and its two-hundred day moving average price is $323.80. Vanguard Total Stock Market ETF has a 52 week low of $236.42 and a 52 week high of $342.08.

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. 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.