First Growth Capital LLC Invests $1.62 Million in Vanguard Total Stock Market ETF $VTI

First Growth Capital LLC purchased a new position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 4,739 shares of the company’s stock, valued at approximately $1,618,000. Vanguard Total Stock Market ETF comprises 1.6% of First Growth Capital LLC’s investment portfolio, making the stock its 11th largest position.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in VTI. Axxcess Wealth Management LLC grew its stake in Vanguard Total Stock Market ETF by 79.6% during the 4th quarter. Axxcess Wealth Management LLC now owns 87,962 shares of the company’s stock worth $29,491,000 after buying an additional 38,978 shares during the last quarter. Aznar Financial Advisors LLC acquired a new stake in Vanguard Total Stock Market ETF in the fourth quarter worth $2,373,000. Birchwood Financial Partners Inc. acquired a new stake in Vanguard Total Stock Market ETF in the fourth quarter worth $301,000. Corient Private Wealth LLC lifted its stake in Vanguard Total Stock Market ETF by 13.5% in the fourth quarter. Corient Private Wealth LLC now owns 1,961,875 shares of the company’s stock valued at $636,721,000 after buying an additional 232,711 shares during the last quarter. Finally, Jacobs Equity LLC bought a new stake in Vanguard Total Stock Market ETF in the fourth quarter valued at $659,000. Institutional investors and hedge funds own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

Shares of VTI opened at $369.99 on Friday. Vanguard Total Stock Market ETF has a 1 year low of $291.97 and a 1 year high of $374.70. The company has a market cap of $646.45 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. The firm has a fifty day moving average of $359.38 and a 200-day moving average of $343.77.

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.