Independent Financial Group LLC Invests $39.59 Million in Vanguard Total Stock Market ETF $VTI

Independent Financial Group LLC acquired a new position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 123,396 shares of the ETF’s stock, valued at approximately $39,587,000. Vanguard Total Stock Market ETF accounts for approximately 1.2% of Independent Financial Group LLC’s portfolio, making the stock its 8th largest holding.

Other large investors have also modified their holdings of the company. Core Wealth Advisors LLC acquired a new position in Vanguard Total Stock Market ETF during the 4th quarter valued at about $30,000. Hilton Head Capital Partners LLC acquired a new stake in shares of Vanguard Total Stock Market ETF in the fourth quarter valued at approximately $31,000. Wealth Watch Advisors INC bought a new stake in shares of Vanguard Total Stock Market ETF during the third quarter valued at approximately $31,000. Basepoint Wealth LLC bought a new stake in shares of Vanguard Total Stock Market ETF during the fourth quarter valued at approximately $32,000. Finally, Strategic Wealth Investment Group LLC bought a new stake in shares of Vanguard Total Stock Market ETF during the second quarter valued at approximately $33,000. Institutional investors and hedge funds own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Trading Down 0.5%

Shares of NYSEARCA VTI opened at $370.58 on Friday. Vanguard Total Stock Market ETF has a 12-month low of $304.40 and a 12-month high of $374.70. The company has a market cap of $664.30 billion, a PE ratio of 24.26 and a beta of 1.01. The stock has a 50 day simple moving average of $367.56 and a 200-day simple moving average of $348.28.

Vanguard Total Stock Market ETF Company 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.