SVRN Asset Management LLC Buys Shares of 79,638 Vanguard Total Stock Market ETF $VTI

SVRN Asset Management LLC bought a new stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 79,638 shares of the company’s stock, valued at approximately $26,700,000. Vanguard Total Stock Market ETF accounts for about 22.0% of SVRN Asset Management LLC’s investment portfolio, making the stock its biggest holding.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Core Wealth Advisors LLC acquired a new stake in shares of Vanguard Total Stock Market ETF during the 4th quarter worth approximately $30,000. Wealth Watch Advisors INC acquired a new stake in shares of Vanguard Total Stock Market ETF during the 3rd quarter worth approximately $31,000. Hilton Head Capital Partners LLC acquired a new stake in shares of Vanguard Total Stock Market ETF during the 4th quarter worth approximately $31,000. Basepoint Wealth LLC acquired a new stake in shares of Vanguard Total Stock Market ETF during the 4th quarter worth approximately $32,000. Finally, Strategic Wealth Investment Group LLC acquired a new stake in shares of Vanguard Total Stock Market ETF during the 2nd quarter worth approximately $33,000. Institutional investors and hedge funds own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Up 0.6%

Shares of VTI stock opened at $366.36 on Friday. The company has a market cap of $640.11 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 52 week low of $291.97 and a 52 week high of $374.70. The firm has a 50 day moving average of $355.77 and a 200-day moving average of $342.68.

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.