Scarborough Advisors LLC Buys Shares of 31,327 Vanguard Total Stock Market ETF $VTI

Scarborough Advisors LLC purchased a new position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 31,327 shares of the ETF’s stock, valued at approximately $10,050,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Cardinal Point Capital Management ULC boosted its stake in Vanguard Total Stock Market ETF by 5.2% during the first quarter. Cardinal Point Capital Management ULC now owns 611,956 shares of the ETF’s stock valued at $196,322,000 after buying an additional 30,152 shares during the last quarter. Ervin Investment Management LLC increased its stake in Vanguard Total Stock Market ETF by 121.5% in the 4th quarter. Ervin Investment Management LLC now owns 3,668 shares of the ETF’s stock worth $1,230,000 after acquiring an additional 2,012 shares during the last quarter. Serenus Wealth Advisors LLC raised its holdings in shares of Vanguard Total Stock Market ETF by 31.7% during the 4th quarter. Serenus Wealth Advisors LLC now owns 33,831 shares of the ETF’s stock worth $11,343,000 after acquiring an additional 8,144 shares in the last quarter. Rolek Wealth Management LLC raised its holdings in shares of Vanguard Total Stock Market ETF by 7.5% during the 4th quarter. Rolek Wealth Management LLC now owns 25,652 shares of the ETF’s stock worth $8,600,000 after acquiring an additional 1,799 shares in the last quarter. Finally, Diversified Management Inc. bought a new position in shares of Vanguard Total Stock Market ETF during the 4th quarter valued at approximately $5,067,000. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

VTI stock opened at $367.01 on Monday. The firm has a fifty day moving average price of $367.64 and a 200 day moving average price of $348.48. Vanguard Total Stock Market ETF has a fifty-two week low of $304.40 and a fifty-two week high of $374.70. The firm has a market cap of $657.90 billion, a PE ratio of 24.26 and a beta of 1.01.

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.