SteelPeak Wealth LLC raised its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI – Free Report) by 62.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 45,932 shares of the ETF’s stock after buying an additional 17,708 shares during the period. SteelPeak Wealth LLC’s holdings in Vanguard Total Stock Market ETF were worth $14,735,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. grew its holdings in shares of Vanguard Total Stock Market ETF by 3.8% in the 4th quarter. Vanguard Group Inc. now owns 62,622,049 shares of the ETF’s stock worth $20,995,293,000 after acquiring an additional 2,291,938 shares during the period. Wealthfront Advisers LLC raised its holdings in Vanguard Total Stock Market ETF by 0.9% during the fourth quarter. Wealthfront Advisers LLC now owns 18,025,283 shares of the ETF’s stock worth $6,043,337,000 after purchasing an additional 163,272 shares during the last quarter. Bank of America Corp DE raised its holdings in Vanguard Total Stock Market ETF by 2.5% during the fourth quarter. Bank of America Corp DE now owns 14,185,248 shares of the ETF’s stock worth $4,755,888,000 after purchasing an additional 343,136 shares during the last quarter. LPL Financial LLC boosted its position in Vanguard Total Stock Market ETF by 2.0% during the fourth quarter. LPL Financial LLC now owns 14,079,780 shares of the ETF’s stock worth $4,720,528,000 after purchasing an additional 277,939 shares in the last quarter. Finally, WealthNavi Inc. boosted its position in Vanguard Total Stock Market ETF by 4.4% during the first quarter. WealthNavi Inc. now owns 12,935,073 shares of the ETF’s stock worth $4,149,701,000 after purchasing an additional 540,294 shares in the last quarter. 28.92% of the stock is currently owned by institutional investors and hedge funds.
Vanguard Total Stock Market ETF Stock Performance
Vanguard Total Stock Market ETF stock opened at $370.58 on Friday. 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 capitalization of $664.30 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. The stock’s fifty day moving average is $367.56 and its two-hundred day moving average is $348.28.
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.
Further Reading
- Five stocks we like better than Vanguard Total Stock Market ETF
- Why Abbott Laboratories Stock Is Suddenly Winning Back Wall Street
- Revving Up Returns: Big Banks Race Through the Rate Plateau
- Why Uber’s Biggest Deal Yet Could Unlock Its Next Growth Phase
- Why Microsoft Is Playing a Different AI Game Than Big Tech—and Cash Flow Is the Test
Want to see what other hedge funds are holding VTI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Total Stock Market ETF (NYSEARCA:VTI – Free Report).
Receive News & Ratings for Vanguard Total Stock Market ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Total Stock Market ETF and related companies with MarketBeat.com's FREE daily email newsletter.
