OceanIQ Capital LLC Invests $791,000 in Vanguard Total Stock Market ETF $VTI

OceanIQ Capital LLC purchased a new stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the 2nd quarter, Holdings Channel reports. The fund purchased 2,079 shares of the ETF’s stock, valued at approximately $791,000.

A number of other institutional investors have also recently modified their holdings of VTI. Bank of America Corp DE boosted its position in shares of Vanguard Total Stock Market ETF by 0.7% during the 1st quarter. Bank of America Corp DE now owns 14,287,409 shares of the ETF’s stock worth $4,583,544,000 after purchasing an additional 102,161 shares in the last quarter. LPL Financial LLC boosted its stake in shares of Vanguard Total Stock Market ETF by 2.0% during the 4th quarter. LPL Financial LLC now owns 14,079,780 shares of the ETF’s stock worth $4,720,528,000 after acquiring an additional 277,939 shares in the last quarter. WealthNavi Inc. grew its holdings in shares of Vanguard Total Stock Market ETF by 4.4% in the 1st quarter. WealthNavi Inc. now owns 12,935,073 shares of the ETF’s stock worth $4,149,701,000 after acquiring an additional 540,294 shares during the period. Auto Owners Insurance Co increased its stake in Vanguard Total Stock Market ETF by 58,332.8% in the 4th quarter. Auto Owners Insurance Co now owns 12,270,882 shares of the ETF’s stock valued at $4,114,059,000 after purchasing an additional 12,249,882 shares in the last quarter. Finally, Northern Trust Corp increased its stake in Vanguard Total Stock Market ETF by 1.9% in the 4th quarter. Northern Trust Corp now owns 9,712,922 shares of the ETF’s stock valued at $3,256,451,000 after purchasing an additional 184,429 shares in the last quarter. 28.92% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Stock Down 0.3%

Shares of VTI stock opened at $379.73 on Friday. The stock has a market cap of $680.70 billion, a P/E ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a fifty-two week low of $310.40 and a fifty-two week high of $385.12. The business has a fifty day simple moving average of $373.93 and a 200-day simple moving average of $357.15.

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.