Compass Financial Management LLC Takes $2.18 Million Position in Vanguard Total Stock Market ETF $VTI

Compass Financial Management LLC purchased a new position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 5,730 shares of the ETF’s stock, valued at approximately $2,176,000.

Other large investors also recently added to or reduced their stakes in the company. Core Wealth Advisors LLC purchased a new stake in Vanguard Total Stock Market ETF during the fourth quarter valued at about $30,000. Hilton Head Capital Partners LLC bought a new position in Vanguard Total Stock Market ETF during the fourth quarter worth about $31,000. Wealth Watch Advisors INC purchased a new position in shares of Vanguard Total Stock Market ETF in the third quarter worth about $31,000. Basepoint Wealth LLC purchased a new position in shares of Vanguard Total Stock Market ETF in the fourth quarter worth about $32,000. Finally, Strategic Wealth Investment Group LLC bought a new stake in shares of Vanguard Total Stock Market ETF in the second quarter valued at approximately $33,000. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Up 0.4%

NYSEARCA VTI opened at $378.24 on Friday. The firm has a market cap of $678.03 billion, a P/E ratio of 24.26 and a beta of 1.01. The company’s 50 day moving average is $371.66 and its 200-day moving average is $354.42. Vanguard Total Stock Market ETF has a 12-month low of $310.40 and a 12-month high of $385.12.

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.