Stone Wealth Partners Takes $1.88 Million Position in Vanguard Total Stock Market ETF $VTI

Stone Wealth Partners bought a new stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 5,602 shares of the company’s stock, valued at approximately $1,878,000. Vanguard Total Stock Market ETF accounts for 1.7% of Stone Wealth Partners’ investment portfolio, making the stock its 20th largest holding.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Heck Capital Advisors LLC acquired a new stake in Vanguard Total Stock Market ETF in the fourth quarter valued at approximately $150,448,000. Peapack Gladstone Financial Corp grew its holdings in Vanguard Total Stock Market ETF by 0.6% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 9,863 shares of the company’s stock worth $2,998,000 after acquiring an additional 56 shares in the last quarter. Alliancebernstein L.P. increased its position in shares of Vanguard Total Stock Market ETF by 17.5% in the 2nd quarter. Alliancebernstein L.P. now owns 238,003 shares of the company’s stock valued at $72,336,000 after purchasing an additional 35,409 shares during the last quarter. Darwin Wealth Management LLC purchased a new stake in shares of Vanguard Total Stock Market ETF in the 2nd quarter valued at approximately $243,000. Finally, Ausdal Financial Partners Inc. increased its position in shares of Vanguard Total Stock Market ETF by 8.1% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 22,487 shares of the company’s stock valued at $6,834,000 after purchasing an additional 1,680 shares during the last quarter. 28.92% of the stock is owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Stock Performance

Shares of VTI opened at $369.99 on Friday. The firm has a market capitalization of $646.45 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. The firm’s fifty day simple moving average is $360.11 and its 200-day simple moving average is $343.96. Vanguard Total Stock Market ETF has a twelve month low of $291.97 and a twelve month high of $374.70.

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.