Valmark Advisers Inc. Has $42.66 Million Stock Position in Vanguard Total Stock Market ETF $VTI

Valmark Advisers Inc. grew its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 3.7% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 132,966 shares of the company’s stock after buying an additional 4,722 shares during the quarter. Valmark Advisers Inc.’s holdings in Vanguard Total Stock Market ETF were worth $42,657,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Cardinal Point Capital Management ULC boosted its holdings in Vanguard Total Stock Market ETF by 5.2% in the first quarter. Cardinal Point Capital Management ULC now owns 611,956 shares of the company’s stock valued at $196,322,000 after acquiring an additional 30,152 shares during the last quarter. Ervin Investment Management LLC increased its position in Vanguard Total Stock Market ETF by 121.5% during the 4th quarter. Ervin Investment Management LLC now owns 3,668 shares of the company’s stock valued at $1,230,000 after purchasing an additional 2,012 shares during the period. Serenus Wealth Advisors LLC raised its holdings in Vanguard Total Stock Market ETF by 31.7% during the 4th quarter. Serenus Wealth Advisors LLC now owns 33,831 shares of the company’s stock worth $11,343,000 after purchasing an additional 8,144 shares during the last quarter. Rolek Wealth Management LLC raised its holdings in Vanguard Total Stock Market ETF by 7.5% during the 4th quarter. Rolek Wealth Management LLC now owns 25,652 shares of the company’s stock worth $8,600,000 after purchasing an additional 1,799 shares during the last quarter. Finally, Diversified Management Inc. acquired a new position in shares of Vanguard Total Stock Market ETF in the 4th quarter worth approximately $5,067,000. 28.92% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Stock Performance

Shares of NYSEARCA:VTI traded up $1.24 during trading on Friday, reaching $372.69. The stock had a trading volume of 2,761,395 shares, compared to its average volume of 5,009,340. The firm’s fifty day moving average is $366.55 and its 200 day moving average is $347.33. Vanguard Total Stock Market ETF has a 52 week low of $304.00 and a 52 week high of $374.70. The stock has a market cap of $668.08 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01.

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.