Vanguard Total Stock Market ETF $VTI is HB Wealth Management LLC’s Largest Position

HB Wealth Management LLC lifted its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 1.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,648,161 shares of the company’s stock after purchasing an additional 96,255 shares during the period. Vanguard Total Stock Market ETF accounts for 17.9% of HB Wealth Management LLC’s investment portfolio, making the stock its biggest holding. HB Wealth Management LLC owned approximately 0.51% of Vanguard Total Stock Market ETF worth $2,760,340,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in VTI. Heck Capital Advisors LLC purchased a new position in shares of Vanguard Total Stock Market ETF during the 4th quarter valued at $150,448,000. Peapack Gladstone Financial Corp lifted its position in shares of Vanguard Total Stock Market ETF by 0.6% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 9,863 shares of the company’s stock valued at $2,998,000 after buying an additional 56 shares during the last quarter. Alliancebernstein L.P. increased its stake in shares of Vanguard Total Stock Market ETF by 17.5% in the second quarter. Alliancebernstein L.P. now owns 238,003 shares of the company’s stock worth $72,336,000 after purchasing an additional 35,409 shares in the last quarter. Darwin Wealth Management LLC purchased a new position in shares of Vanguard Total Stock Market ETF in the second quarter worth about $243,000. Finally, Ausdal Financial Partners Inc. increased its stake in shares of Vanguard Total Stock Market ETF by 8.1% in the second quarter. Ausdal Financial Partners Inc. now owns 22,487 shares of the company’s stock worth $6,834,000 after purchasing an additional 1,680 shares in the last quarter. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Up 1.0%

VTI opened at $351.22 on Thursday. The company has a market capitalization of $613.66 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. The firm has a 50-day moving average price of $333.27 and a 200-day moving average price of $334.64. Vanguard Total Stock Market ETF has a twelve month low of $262.57 and a twelve month high of $351.74.

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.