Cornerstone Advisors Asset Management LLC Has $4.63 Million Holdings in Vanguard Total Stock Market ETF $VTI

Cornerstone Advisors Asset Management LLC raised its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 229.2% in the third quarter, Holdings Channel reports. The fund owned 14,121 shares of the company’s stock after acquiring an additional 9,832 shares during the period. Vanguard Total Stock Market ETF accounts for about 0.8% of Cornerstone Advisors Asset Management LLC’s portfolio, making the stock its 26th biggest position. Cornerstone Advisors Asset Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $4,634,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Evolution Wealth Management Inc. acquired a new position in shares of Vanguard Total Stock Market ETF in the second quarter valued at approximately $29,000. Strategic Wealth Investment Group LLC bought a new stake in Vanguard Total Stock Market ETF in the 2nd quarter valued at $33,000. Anfield Capital Management LLC bought a new stake in Vanguard Total Stock Market ETF in the 2nd quarter valued at $45,000. Berkshire Money Management Inc. acquired a new position in Vanguard Total Stock Market ETF in the 2nd quarter worth $60,000. Finally, Bank of Jackson Hole Trust increased its holdings in Vanguard Total Stock Market ETF by 15.9% during the 2nd quarter. Bank of Jackson Hole Trust now owns 240 shares of the company’s stock worth $73,000 after purchasing 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 Price Performance

VTI opened at $342.48 on Tuesday. The company has a market capitalization of $583.21 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02. The business’s 50-day moving average price is $338.37 and its two-hundred day moving average price is $328.55. Vanguard Total Stock Market ETF has a 1 year low of $236.42 and a 1 year high of $344.42.

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.