SHP Wealth Management Makes New $6.08 Million Investment in Vanguard Total Stock Market ETF $VTI

SHP Wealth Management bought a new stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) during the fourth quarter, HoldingsChannel.com reports. The firm bought 18,119 shares of the company’s stock, valued at approximately $6,075,000. Vanguard Total Stock Market ETF accounts for approximately 0.5% of SHP Wealth Management’s portfolio, making the stock its 25th biggest holding.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Abbot Financial Management Inc. grew its position in Vanguard Total Stock Market ETF by 2.1% in the third quarter. Abbot Financial Management Inc. now owns 1,436 shares of the company’s stock valued at $471,000 after acquiring an additional 30 shares during the last quarter. Finward Bancorp lifted its holdings in shares of Vanguard Total Stock Market ETF by 3.7% in the fourth quarter. Finward Bancorp now owns 841 shares of the company’s stock worth $282,000 after acquiring an additional 30 shares during the last quarter. Boyum Wealth Architects LLC boosted its stake in shares of Vanguard Total Stock Market ETF by 0.3% in the 4th quarter. Boyum Wealth Architects LLC now owns 11,653 shares of the company’s stock valued at $3,969,000 after purchasing an additional 30 shares in the last quarter. Financial Perspectives Inc boosted its stake in shares of Vanguard Total Stock Market ETF by 1.3% in the 4th quarter. Financial Perspectives Inc now owns 2,387 shares of the company’s stock valued at $800,000 after purchasing an additional 30 shares in the last quarter. Finally, Van Hulzen Asset Management LLC grew its holdings in shares of Vanguard Total Stock Market ETF by 1.1% during the 4th quarter. Van Hulzen Asset Management LLC now owns 2,749 shares of the company’s stock valued at $922,000 after purchasing an additional 30 shares during the last quarter. Institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

Shares of Vanguard Total Stock Market ETF stock opened at $369.99 on Friday. The firm’s 50 day moving average is $360.11 and its 200 day moving average is $343.96. The firm has a market capitalization of $646.45 billion, a PE ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 1 year low of $291.97 and a 1 year high of $374.70.

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.