Navigation Group LLC Takes $42.71 Million Position in Vanguard Total Stock Market ETF $VTI

Navigation Group LLC acquired a new position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 133,142 shares of the ETF’s stock, valued at approximately $42,713,000. Vanguard Total Stock Market ETF accounts for 10.0% of Navigation Group LLC’s investment portfolio, making the stock its 2nd largest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Heck Capital Advisors LLC bought a new position in Vanguard Total Stock Market ETF in the fourth quarter worth approximately $150,448,000. Peapack Gladstone Financial Corp boosted its stake 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 ETF’s stock worth $2,998,000 after acquiring an additional 56 shares during the last quarter. Alliancebernstein L.P. grew its position in shares of Vanguard Total Stock Market ETF by 17.5% during the 2nd quarter. Alliancebernstein L.P. now owns 238,003 shares of the ETF’s stock valued at $72,336,000 after acquiring an additional 35,409 shares during the period. Darwin Wealth Management LLC bought a new stake in shares of Vanguard Total Stock Market ETF during the 2nd quarter valued at $243,000. Finally, Ausdal Financial Partners Inc. grew its position in shares of Vanguard Total Stock Market ETF by 8.1% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 22,487 shares of the ETF’s stock valued at $6,834,000 after acquiring an additional 1,680 shares during the period. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Price Performance

NYSEARCA:VTI opened at $372.42 on Thursday. Vanguard Total Stock Market ETF has a one year low of $304.00 and a one year high of $374.70. The business has a fifty day moving average price of $367.35 and a 200-day moving average price of $348.06. The firm has a market capitalization of $667.60 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01.

About Vanguard Total Stock Market ETF

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.