Sovran Advisors LLC Grows Stock Holdings in Vanguard Total Stock Market ETF $VTI

Sovran Advisors LLC increased its position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 74.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,113 shares of the ETF’s stock after purchasing an additional 4,322 shares during the period. Sovran Advisors LLC’s holdings in Vanguard Total Stock Market ETF were worth $3,701,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Auto Owners Insurance Co boosted its position in shares of Vanguard Total Stock Market ETF by 58,332.8% during the 4th quarter. Auto Owners Insurance Co now owns 12,270,882 shares of the ETF’s stock worth $4,114,059,000 after acquiring an additional 12,249,882 shares in the last quarter. Align Financial LLC acquired a new position in Vanguard Total Stock Market ETF in the fourth quarter valued at approximately $210,276,000. Narodna banka Slovenska purchased a new position in Vanguard Total Stock Market ETF in the first quarter valued at approximately $1,762,447,000. Vanguard Group Inc. increased its stake in Vanguard Total Stock Market ETF by 3.8% in the fourth quarter. Vanguard Group Inc. now owns 62,622,049 shares of the ETF’s stock valued at $20,995,293,000 after purchasing an additional 2,291,938 shares during the last quarter. Finally, SBI Okasan Asset Management Co.Ltd. acquired a new stake in Vanguard Total Stock Market ETF during the fourth quarter worth approximately $715,235,000. 28.92% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Trading Down 0.1%

Shares of Vanguard Total Stock Market ETF stock opened at $383.85 on Friday. The company has a fifty day simple moving average of $370.08 and a 200-day simple moving average of $353.13. The stock has a market cap of $688.09 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 12-month low of $310.40 and a 12-month high of $385.12.

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.