NewCorp Financial Services Inc. Purchases New Stake in Vanguard Total Stock Market ETF $VTI

NewCorp Financial Services Inc. purchased a new stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 3,231 shares of the company’s stock, valued at approximately $1,083,000. Vanguard Total Stock Market ETF comprises about 1.0% of NewCorp Financial Services Inc.’s investment portfolio, making the stock its 16th biggest position.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VTI. Mercer Global Advisors Inc. ADV increased its holdings in shares of Vanguard Total Stock Market ETF by 208.2% in the third quarter. Mercer Global Advisors Inc. ADV now owns 1,997,096 shares of the company’s stock valued at $655,190,000 after purchasing an additional 3,842,502 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Vanguard Total Stock Market ETF by 3.8% in the fourth quarter. Vanguard Group Inc. now owns 62,622,049 shares of the company’s stock valued at $20,995,293,000 after purchasing an additional 2,291,938 shares during the last quarter. SBI Okasan Asset Management Co.Ltd. acquired a new stake in shares of Vanguard Total Stock Market ETF in the fourth quarter valued at approximately $715,235,000. Corient Private Wealth LLC increased its holdings in shares of Vanguard Total Stock Market ETF by 122.5% in the second quarter. Corient Private Wealth LLC now owns 2,520,364 shares of the company’s stock valued at $766,014,000 after purchasing an additional 1,387,750 shares during the last quarter. Finally, Cambridge Associates LLC MA ADV increased its holdings in shares of Vanguard Total Stock Market ETF by 155.1% in the third quarter. Cambridge Associates LLC MA ADV now owns 1,694,819 shares of the company’s stock valued at $556,189,000 after purchasing an additional 1,030,501 shares during the last quarter. Institutional investors and hedge funds own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

Shares of Vanguard Total Stock Market ETF stock opened at $372.54 on Monday. The firm has a market capitalization of $650.91 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a fifty-two week low of $286.86 and a fifty-two week high of $373.13. The stock has a 50 day moving average of $346.45 and a 200 day moving average of $340.01.

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.