Summit Wealth Group LLC Co. Has $4.53 Million Position in Vanguard Total Stock Market ETF $VTI

Summit Wealth Group LLC Co. boosted its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 938.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 13,513 shares of the company’s stock after buying an additional 12,212 shares during the period. Vanguard Total Stock Market ETF makes up about 0.6% of Summit Wealth Group LLC Co.’s investment portfolio, making the stock its 23rd biggest position. Summit Wealth Group LLC Co.’s holdings in Vanguard Total Stock Market ETF were worth $4,531,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Rakuten Investment Management Inc. bought a new stake in Vanguard Total Stock Market ETF in the third quarter valued at approximately $15,530,622,000. Mercer Global Advisors Inc. ADV increased its stake in Vanguard Total Stock Market ETF by 208.2% in the third quarter. Mercer Global Advisors Inc. ADV now owns 1,997,096 shares of the company’s stock valued at $655,190,000 after purchasing an additional 3,842,502 shares in the last quarter. Vanguard Group Inc. increased its stake in Vanguard Total Stock Market ETF by 3.8% in the fourth quarter. Vanguard Group Inc. now owns 62,622,049 shares of the company’s stock valued at $20,995,293,000 after purchasing an additional 2,291,938 shares in the last quarter. Corient Private Wealth LLC increased its stake in Vanguard Total Stock Market ETF by 122.5% in the second quarter. Corient Private Wealth LLC now owns 2,520,364 shares of the company’s stock valued at $766,014,000 after purchasing an additional 1,387,750 shares in the last quarter. Finally, Cambridge Associates LLC MA ADV increased its stake in Vanguard Total Stock Market ETF by 155.1% in the third quarter. Cambridge Associates LLC MA ADV now owns 1,694,819 shares of the company’s stock valued at $556,189,000 after purchasing an additional 1,030,501 shares in the last quarter. 28.92% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Stock Performance

Shares of NYSEARCA:VTI opened at $362.79 on Wednesday. Vanguard Total Stock Market ETF has a 52 week low of $283.00 and a 52 week high of $364.48. The company has a market capitalization of $633.87 billion, a PE ratio of 24.26 and a beta of 1.01. The company has a 50 day moving average price of $337.61 and a two-hundred day moving average price of $337.05.

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.