Obermeyer Wealth Partners Grows Stock Holdings in Vanguard Total Stock Market ETF $VTI

Obermeyer Wealth Partners lifted its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 2.9% in the 3rd quarter, Holdings Channel.com reports. The fund owned 107,059 shares of the company’s stock after buying an additional 3,018 shares during the quarter. Vanguard Total Stock Market ETF comprises approximately 1.6% of Obermeyer Wealth Partners’ portfolio, making the stock its 22nd largest holding. Obermeyer Wealth Partners’ holdings in Vanguard Total Stock Market ETF were worth $35,134,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Toth Financial Advisory Corp purchased a new position in Vanguard Total Stock Market ETF in the second quarter valued at about $27,000. MJT & Associates Financial Advisory Group Inc. boosted its position in shares of Vanguard Total Stock Market ETF by 165.7% in the second quarter. MJT & Associates Financial Advisory Group Inc. now owns 93 shares of the company’s stock worth $28,000 after buying an additional 58 shares during the period. Evolution Wealth Management Inc. acquired a new stake in shares of Vanguard Total Stock Market ETF in the second quarter valued at about $29,000. Strategic Wealth Investment Group LLC purchased a new stake in shares of Vanguard Total Stock Market ETF during the 2nd quarter valued at about $33,000. Finally, Anfield Capital Management LLC acquired a new position in Vanguard Total Stock Market ETF during the 2nd quarter worth approximately $45,000. Institutional investors and hedge funds own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Down 0.2%

Shares of NYSEARCA:VTI opened at $342.34 on Wednesday. The company has a market capitalization of $582.97 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02. The company has a 50 day moving average of $335.00 and a two-hundred day moving average of $325.15. Vanguard Total Stock Market ETF has a 52-week low of $236.42 and a 52-week high of $343.54.

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. 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.