Avidian Wealth Enterprises LLC Boosts Stock Holdings in Vanguard Total Stock Market ETF $VTI

Avidian Wealth Enterprises LLC raised its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 12.9% in the third quarter, Holdings Channel reports. The institutional investor owned 14,742 shares of the ETF’s stock after buying an additional 1,682 shares during the quarter. Avidian Wealth Enterprises LLC’s holdings in Vanguard Total Stock Market ETF were worth $5,517,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of America Corp DE increased its position in Vanguard Total Stock Market ETF by 0.7% during the first quarter. Bank of America Corp DE now owns 14,287,409 shares of the ETF’s stock valued at $4,583,544,000 after acquiring an additional 102,161 shares during the last quarter. WealthNavi Inc. boosted its holdings in 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 buying an additional 540,294 shares during the period. Auto Owners Insurance Co grew its position in shares of Vanguard Total Stock Market ETF by 58,332.8% during the fourth quarter. Auto Owners Insurance Co now owns 12,270,882 shares of the ETF’s stock worth $4,114,059,000 after purchasing an additional 12,249,882 shares in the last quarter. HB Wealth Management LLC boosted its holdings in shares of Vanguard Total Stock Market ETF by 0.4% during the 2nd quarter. HB Wealth Management LLC now owns 8,759,071 shares of the ETF’s stock valued at $3,089,725,000 after purchasing an additional 32,666 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in Vanguard Total Stock Market ETF by 1.7% during the second quarter. Envestnet Asset Management Inc. now owns 6,136,001 shares of the ETF’s stock worth $2,270,566,000 after acquiring an additional 104,980 shares during the last quarter. 28.92% of the stock is owned by institutional investors.

Vanguard Total Stock Market ETF Stock Performance

NYSEARCA VTI traded down $2.22 on Thursday, hitting $378.81. 1,598,320 shares of the stock were exchanged, compared to its average volume of 4,360,298. The firm has a market capitalization of $691.48 billion, a P/E ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 52-week low of $310.40 and a 52-week high of $385.12. The stock has a fifty day moving average price of $377.91 and a two-hundred day moving average price of $364.16.

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.