Modern Wealth Management LLC Acquires 28,427 Shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Modern Wealth Management LLC lifted its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 51.3% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 83,819 shares of the company’s stock after buying an additional 28,427 shares during the quarter. Vanguard Total Stock Market ETF makes up about 0.9% of Modern Wealth Management LLC’s investment portfolio, making the stock its 26th largest position. Modern Wealth Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $25,138,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VTI. Mountain Hill Investment Partners Corp. purchased a new stake in Vanguard Total Stock Market ETF in the 4th quarter worth $29,000. Denver PWM LLC purchased a new stake in shares of Vanguard Total Stock Market ETF in the fourth quarter worth about $33,000. AlphaMark Advisors LLC bought a new position in Vanguard Total Stock Market ETF during the fourth quarter valued at approximately $33,000. Urban Financial Advisory Corp purchased a new position in Vanguard Total Stock Market ETF during the 3rd quarter valued at approximately $37,000. Finally, Promus Capital LLC bought a new stake in Vanguard Total Stock Market ETF in the 4th quarter worth approximately $43,000.

Vanguard Total Stock Market ETF Stock Performance

NYSEARCA VTI opened at $284.01 on Tuesday. The stock has a 50 day moving average price of $292.03 and a 200-day moving average price of $290.21. Vanguard Total Stock Market ETF has a one year low of $244.57 and a one year high of $303.39. The company has a market capitalization of $2.35 trillion, a P/E ratio of 24.31 and a beta of 1.04.

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.