194,517 Vanguard Total Stock Market ETF $VTI Shares Acquired by Sumitomo Mitsui DS Asset Management Company Ltd

Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 646.4% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 224,610 shares of the ETF’s stock after buying an additional 194,517 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Vanguard Total Stock Market ETF were worth $84,058,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Cardinal Point Capital Management ULC boosted its position in Vanguard Total Stock Market ETF by 5.2% during the first quarter. Cardinal Point Capital Management ULC now owns 611,956 shares of the ETF’s stock worth $196,322,000 after purchasing an additional 30,152 shares in the last quarter. Weaver Consulting Group boosted its stake in shares of Vanguard Total Stock Market ETF by 14.1% during the 3rd quarter. Weaver Consulting Group now owns 41,562 shares of the ETF’s stock worth $15,554,000 after purchasing an additional 5,138 shares during the last quarter. Park National Corp OH boosted its position in Vanguard Total Stock Market ETF by 3.0% during the third quarter. Park National Corp OH now owns 51,565 shares of the ETF’s stock worth $19,298,000 after acquiring an additional 1,478 shares during the last quarter. Horizons Wealth Management purchased a new stake in shares of Vanguard Total Stock Market ETF in the third quarter valued at $607,000. Finally, Compass Financial Management LLC purchased a new stake in Vanguard Total Stock Market ETF in the 2nd quarter valued at about $2,176,000. 28.92% of the stock is owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Stock Performance

Shares of VTI stock opened at $377.09 on Wednesday. The firm has a market capitalization of $694.52 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. The company has a 50 day moving average price of $378.20 and a 200 day moving average price of $367.86. Vanguard Total Stock Market ETF has a one year low of $310.40 and a one year high of $385.12.

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.