United Community Bank Raises Stake in Vanguard Total Stock Market ETF $VTI

United Community Bank increased its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 13.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 21,321 shares of the ETF’s stock after buying an additional 2,600 shares during the quarter. Vanguard Total Stock Market ETF accounts for about 2.5% of United Community Bank’s investment portfolio, making the stock its 5th largest position. United Community Bank’s holdings in Vanguard Total Stock Market ETF were worth $7,890,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Core Wealth Advisors LLC purchased a new position in shares of Vanguard Total Stock Market ETF during the 4th quarter worth $30,000. Hilton Head Capital Partners LLC purchased a new stake in shares of Vanguard Total Stock Market ETF in the 4th quarter worth $31,000. Wealth Watch Advisors INC purchased a new stake in shares of Vanguard Total Stock Market ETF in the 3rd quarter worth $31,000. Basepoint Wealth LLC purchased a new stake in shares of Vanguard Total Stock Market ETF in the 4th quarter worth $32,000. Finally, Strategic Wealth Investment Group LLC bought a new position in Vanguard Total Stock Market ETF in the 2nd quarter worth $33,000. 28.92% of the stock is owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Stock Performance

NYSEARCA VTI opened at $380.93 on Friday. The company has a market capitalization of $682.85 billion, a PE ratio of 24.26 and a beta of 1.01. The business’s fifty day moving average is $373.58 and its 200 day moving average is $356.99. Vanguard Total Stock Market ETF has a fifty-two week low of $310.40 and a fifty-two week high of $385.12.

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.