Vanguard Total Stock Market ETF $VTI is Financial Alternatives Inc’s 4th Largest Position

Financial Alternatives Inc grew its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 4.7% during the third quarter, Holdings Channel reports. The institutional investor owned 34,302 shares of the company’s stock after acquiring an additional 1,547 shares during the quarter. Vanguard Total Stock Market ETF comprises 6.8% of Financial Alternatives Inc’s investment portfolio, making the stock its 4th largest holding. Financial Alternatives Inc’s holdings in Vanguard Total Stock Market ETF were worth $11,257,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of VTI. Evolution Wealth Management Inc. purchased a new stake in shares of Vanguard Total Stock Market ETF during the 2nd quarter valued at $29,000. Strategic Wealth Investment Group LLC acquired a new position in Vanguard Total Stock Market ETF during the 2nd quarter valued at about $33,000. Anfield Capital Management LLC acquired a new position in Vanguard Total Stock Market ETF during the 2nd quarter valued at about $45,000. Bank of Jackson Hole Trust raised its stake in Vanguard Total Stock Market ETF by 15.9% in the second quarter. Bank of Jackson Hole Trust now owns 240 shares of the company’s stock valued at $73,000 after buying an additional 33 shares during the last quarter. Finally, Financial Gravity Companies Inc. acquired a new stake in Vanguard Total Stock Market ETF in the second quarter worth about $74,000. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

Shares of VTI stock opened at $339.85 on Wednesday. Vanguard Total Stock Market ETF has a fifty-two week low of $236.42 and a fifty-two week high of $344.42. The firm has a market capitalization of $578.73 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02. The stock’s 50-day simple moving average is $338.52 and its 200-day simple moving average is $328.76.

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.