Ridgeline Wealth LLC Buys 781 Shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Ridgeline Wealth LLC boosted its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 30.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,380 shares of the company’s stock after acquiring an additional 781 shares during the quarter. Vanguard Total Stock Market ETF accounts for about 0.8% of Ridgeline Wealth LLC’s investment portfolio, making the stock its 20th biggest position. Ridgeline Wealth LLC’s holdings in Vanguard Total Stock Market ETF were worth $929,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in VTI. Mountain Hill Investment Partners Corp. acquired a new position in Vanguard Total Stock Market ETF in the fourth quarter valued at about $29,000. Denver PWM LLC acquired a new position in Vanguard Total Stock Market ETF in the fourth quarter valued at about $33,000. Pinney & Scofield Inc. acquired a new position in Vanguard Total Stock Market ETF in the fourth quarter valued at about $41,000. Promus Capital LLC acquired a new position in shares of Vanguard Total Stock Market ETF during the fourth quarter worth approximately $43,000. Finally, Wagner Wealth Management LLC acquired a new position in shares of Vanguard Total Stock Market ETF during the fourth quarter worth approximately $44,000.

Vanguard Total Stock Market ETF Trading Up 1.2%

Shares of VTI stock opened at $295.12 on Friday. Vanguard Total Stock Market ETF has a 1 year low of $236.42 and a 1 year high of $303.39. The firm’s 50 day moving average is $275.12 and its 200-day moving average is $286.65. The firm has a market capitalization of $2.45 trillion, a price-to-earnings ratio of 24.99 and a beta of 1.03.

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.