Vanguard Total Stock Market ETF $VTI is Level Wealth Management LLC’s Largest Position

Level Wealth Management LLC raised its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 8.9% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 170,460 shares of the company’s stock after acquiring an additional 13,930 shares during the quarter. Vanguard Total Stock Market ETF makes up 25.6% of Level Wealth Management LLC’s portfolio, making the stock its biggest holding. Level Wealth Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $54,685,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Heck Capital Advisors LLC purchased a new position in shares of Vanguard Total Stock Market ETF in the fourth quarter worth approximately $150,448,000. Peapack Gladstone Financial Corp grew its position in Vanguard Total Stock Market ETF by 0.6% during the second quarter. Peapack Gladstone Financial Corp now owns 9,863 shares of the company’s stock valued at $2,998,000 after buying an additional 56 shares during the period. Alliancebernstein L.P. increased its holdings in Vanguard Total Stock Market ETF by 17.5% during the second quarter. Alliancebernstein L.P. now owns 238,003 shares of the company’s stock valued at $72,336,000 after buying an additional 35,409 shares during the last quarter. Darwin Wealth Management LLC purchased a new stake in Vanguard Total Stock Market ETF during the second quarter valued at approximately $243,000. Finally, Ausdal Financial Partners Inc. raised its position in Vanguard Total Stock Market ETF by 8.1% in the second quarter. Ausdal Financial Partners Inc. now owns 22,487 shares of the company’s stock worth $6,834,000 after acquiring an additional 1,680 shares during the period. 28.92% of the stock is owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Price Performance

Shares of Vanguard Total Stock Market ETF stock opened at $368.76 on Friday. The company’s fifty day simple moving average is $364.58 and its 200-day simple moving average is $346.04. The stock has a market capitalization of $654.15 billion, a PE ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 1-year low of $304.00 and a 1-year high of $374.70.

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.