Fortis Advisors LLC Has $3.08 Million Position in Vanguard Total Stock Market ETF $VTI

Fortis Advisors LLC boosted its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 866.0% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 9,399 shares of the company’s stock after purchasing an additional 8,426 shares during the period. Vanguard Total Stock Market ETF comprises approximately 1.7% of Fortis Advisors LLC’s holdings, making the stock its 18th largest position. Fortis Advisors LLC’s holdings in Vanguard Total Stock Market ETF were worth $3,084,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VTI. Evolution Wealth Management Inc. purchased a new position in shares of Vanguard Total Stock Market ETF during the 2nd quarter valued at $29,000. Strategic Wealth Investment Group LLC purchased a new position in Vanguard Total Stock Market ETF in the second quarter valued at about $33,000. Anfield Capital Management LLC acquired a new position in Vanguard Total Stock Market ETF in the 2nd quarter worth about $45,000. Clear Investment Research LLC purchased a new stake in shares of Vanguard Total Stock Market ETF during the 3rd quarter worth about $51,000. Finally, Glassy Mountain Advisors Inc. purchased a new stake in shares of Vanguard Total Stock Market ETF during the 3rd quarter worth about $57,000. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

NYSEARCA:VTI opened at $338.19 on Friday. The company has a market capitalization of $575.90 billion, a P/E ratio of 24.26 and a beta of 1.02. The stock’s 50 day moving average price is $339.02 and its 200 day moving average price is $330.79. Vanguard Total Stock Market ETF has a 52 week low of $236.42 and a 52 week high of $344.42.

Vanguard Total Stock Market ETF Company 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.