Vanguard Total Stock Market ETF $VTI is Dogwood Wealth Management LLC’s 3rd Largest Position

Dogwood Wealth Management LLC raised its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 7.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 51,529 shares of the ETF’s stock after buying an additional 3,720 shares during the quarter. Vanguard Total Stock Market ETF comprises about 7.5% of Dogwood Wealth Management LLC’s holdings, making the stock its 3rd largest position. Dogwood Wealth Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $19,068,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Cardinal Point Capital Management ULC boosted its holdings in Vanguard Total Stock Market ETF by 5.2% in the 1st quarter. Cardinal Point Capital Management ULC now owns 611,956 shares of the ETF’s stock valued at $196,322,000 after purchasing an additional 30,152 shares during the period. Ervin Investment Management LLC increased its holdings in shares of Vanguard Total Stock Market ETF by 121.5% in the fourth quarter. Ervin Investment Management LLC now owns 3,668 shares of the ETF’s stock worth $1,230,000 after purchasing an additional 2,012 shares during the period. Serenus Wealth Advisors LLC increased its holdings in shares of Vanguard Total Stock Market ETF by 31.7% in the fourth quarter. Serenus Wealth Advisors LLC now owns 33,831 shares of the ETF’s stock worth $11,343,000 after purchasing an additional 8,144 shares during the period. Rolek Wealth Management LLC raised its position in shares of Vanguard Total Stock Market ETF by 7.5% in the fourth quarter. Rolek Wealth Management LLC now owns 25,652 shares of the ETF’s stock worth $8,600,000 after buying an additional 1,799 shares in the last quarter. Finally, Diversified Management Inc. purchased a new stake in shares of Vanguard Total Stock Market ETF in the fourth quarter worth $5,067,000. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

NYSEARCA:VTI opened at $373.84 on Tuesday. The firm has a market capitalization of $670.14 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 52-week low of $307.58 and a 52-week high of $374.70. The stock has a fifty day moving average of $368.19 and a 200 day moving average of $350.60.

Vanguard Total Stock Market ETF 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.