Ballast Inc. Buys 2,791 Shares of Vanguard Total Stock Market ETF $VTI

Ballast Inc. lifted its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 258.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 3,871 shares of the company’s stock after buying an additional 2,791 shares during the period. Ballast Inc.’s holdings in Vanguard Total Stock Market ETF were worth $1,298,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Pearl Planning LLC bought a new position in Vanguard Total Stock Market ETF during the 4th quarter valued at about $278,000. Heffernan Advisory Inc. purchased a new position in shares of Vanguard Total Stock Market ETF during the fourth quarter valued at approximately $1,235,000. Baker Boyer National Bank bought a new position in shares of Vanguard Total Stock Market ETF during the fourth quarter valued at approximately $217,000. Merrithew & Thorsten Inc purchased a new stake in shares of Vanguard Total Stock Market ETF in the fourth quarter worth approximately $57,000. Finally, Weitzel Financial Services Inc. raised its holdings in shares of Vanguard Total Stock Market ETF by 6.2% in the fourth quarter. Weitzel Financial Services Inc. now owns 28,126 shares of the company’s stock worth $9,459,000 after buying an additional 1,654 shares during the period. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Up 0.7%

VTI stock opened at $362.87 on Friday. Vanguard Total Stock Market ETF has a twelve month low of $277.25 and a twelve month high of $363.13. The firm has a market cap of $634.01 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. The business’s fifty day simple moving average is $336.25 and its two-hundred day simple moving average is $336.35.

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.