M Holdings Securities Inc. Buys 18,268 Shares of Vanguard Total Stock Market ETF $VTI

M Holdings Securities Inc. boosted its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 63.9% in the fourth quarter, HoldingsChannel reports. The firm owned 46,859 shares of the company’s stock after purchasing an additional 18,268 shares during the quarter. Vanguard Total Stock Market ETF accounts for about 1.1% of M Holdings Securities Inc.’s holdings, making the stock its 18th largest holding. M Holdings Securities Inc.’s holdings in Vanguard Total Stock Market ETF were worth $15,710,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Abbot Financial Management Inc. boosted its position in Vanguard Total Stock Market ETF by 2.1% during the third quarter. Abbot Financial Management Inc. now owns 1,436 shares of the company’s stock worth $471,000 after purchasing an additional 30 shares during the period. Finward Bancorp boosted its position in Vanguard Total Stock Market ETF by 3.7% during the fourth quarter. Finward Bancorp now owns 841 shares of the company’s stock worth $282,000 after purchasing an additional 30 shares during the period. Boyum Wealth Architects LLC boosted its position in Vanguard Total Stock Market ETF by 0.3% during the fourth quarter. Boyum Wealth Architects LLC now owns 11,653 shares of the company’s stock worth $3,969,000 after purchasing an additional 30 shares during the period. Financial Perspectives Inc boosted its position in Vanguard Total Stock Market ETF by 1.3% during the fourth quarter. Financial Perspectives Inc now owns 2,387 shares of the company’s stock worth $800,000 after purchasing an additional 30 shares during the period. Finally, Van Hulzen Asset Management LLC boosted its position in Vanguard Total Stock Market ETF by 1.1% during the fourth quarter. Van Hulzen Asset Management LLC now owns 2,749 shares of the company’s stock worth $922,000 after purchasing an additional 30 shares during the period. 28.92% of the stock is owned by institutional investors.

Vanguard Total Stock Market ETF Price Performance

VTI stock opened at $358.04 on Thursday. The company has a fifty day moving average price of $354.04 and a two-hundred day moving average price of $342.23. Vanguard Total Stock Market ETF has a one year low of $291.97 and a one year high of $374.70. The stock has a market cap of $625.57 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01.

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.