Vanguard Total Stock Market ETF $VTI Shares Acquired by First PREMIER Bank

First PREMIER Bank boosted its position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 16.3% in the 2nd quarter, HoldingsChannel reports. The firm owned 126,010 shares of the ETF’s stock after buying an additional 17,620 shares during the period. Vanguard Total Stock Market ETF accounts for about 6.8% of First PREMIER Bank’s investment portfolio, making the stock its 2nd largest holding. First PREMIER Bank’s holdings in Vanguard Total Stock Market ETF were worth $46,629,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently 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 fourth quarter worth approximately $30,000. Hilton Head Capital Partners LLC acquired a new position in shares of Vanguard Total Stock Market ETF in the 4th quarter worth approximately $31,000. Wealth Watch Advisors INC acquired a new position in shares of Vanguard Total Stock Market ETF in the 3rd quarter worth approximately $31,000. Basepoint Wealth LLC bought a new stake in Vanguard Total Stock Market ETF during the 4th quarter worth approximately $32,000. Finally, Strategic Wealth Investment Group LLC bought a new stake in Vanguard Total Stock Market ETF during the 2nd quarter worth approximately $33,000. 28.92% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Price Performance

VTI stock opened at $378.15 on Tuesday. The business has a fifty day moving average price of $372.74 and a 200 day moving average price of $356.15. Vanguard Total Stock Market ETF has a fifty-two week low of $310.40 and a fifty-two week high of $385.12. The stock has a market capitalization of $677.87 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01.

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.