Pinnacle Wealth Management Advisory Group LLC Increases Stock Position in Vanguard Total Stock Market ETF $VTI

Pinnacle Wealth Management Advisory Group LLC grew its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 1.6% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 186,460 shares of the ETF’s stock after buying an additional 2,862 shares during the quarter. Vanguard Total Stock Market ETF accounts for approximately 4.1% of Pinnacle Wealth Management Advisory Group LLC’s holdings, making the stock its biggest holding. Pinnacle Wealth Management Advisory Group LLC’s holdings in Vanguard Total Stock Market ETF were worth $68,998,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Cardinal Point Capital Management ULC grew its stake in shares of 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. RM Financial Services LLC bought a new position in shares of Vanguard Total Stock Market ETF during the 4th quarter worth approximately $3,163,000. Compass Financial Management LLC bought a new position in shares of Vanguard Total Stock Market ETF during the 2nd quarter worth approximately $2,176,000. Cary Street Partners Financial LLC boosted its stake in Vanguard Total Stock Market ETF by 17.8% in the 4th quarter. Cary Street Partners Financial LLC now owns 125,790 shares of the ETF’s stock valued at $42,174,000 after buying an additional 18,987 shares in the last quarter. Finally, Baron Wealth Management LLC acquired a new stake in Vanguard Total Stock Market ETF in the 2nd quarter valued at $778,000. Institutional investors and hedge funds own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Price Performance

Vanguard Total Stock Market ETF stock opened at $377.60 on Wednesday. The stock has a fifty day moving average price of $374.33 and a two-hundred day moving average price of $357.87. Vanguard Total Stock Market ETF has a 52-week low of $310.40 and a 52-week high of $385.12. The firm has a market capitalization of $676.88 billion, a P/E ratio of 24.26 and a beta of 1.01.

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.