Vanguard Total Stock Market ETF $VTI is Modern Wealth Management LLC’s 8th Largest Position

Modern Wealth Management LLC decreased its holdings in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 2.4% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 297,760 shares of the ETF’s stock after selling 7,398 shares during the quarter. Vanguard Total Stock Market ETF accounts for about 1.6% of Modern Wealth Management LLC’s investment portfolio, making the stock its 8th biggest position. Modern Wealth Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $96,248,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Finward Bancorp lifted its position in shares of Vanguard Total Stock Market ETF by 3.7% during the fourth quarter. Finward Bancorp now owns 841 shares of the ETF’s stock worth $282,000 after purchasing an additional 30 shares during the last quarter. Boyum Wealth Architects LLC grew its holdings in shares of Vanguard Total Stock Market ETF by 0.3% in the fourth quarter. Boyum Wealth Architects LLC now owns 11,653 shares of the ETF’s stock worth $3,969,000 after purchasing an additional 30 shares during the last quarter. Financial Perspectives Inc increased its stake in Vanguard Total Stock Market ETF by 1.3% in the 4th quarter. Financial Perspectives Inc now owns 2,387 shares of the ETF’s stock worth $800,000 after buying an additional 30 shares during the period. Van Hulzen Asset Management LLC increased its stake in Vanguard Total Stock Market ETF by 1.1% in the 4th quarter. Van Hulzen Asset Management LLC now owns 2,749 shares of the ETF’s stock worth $922,000 after buying an additional 30 shares during the period. Finally, Alteri Wealth LLC grew its stake in Vanguard Total Stock Market ETF by 2.7% in the 4th quarter. Alteri Wealth LLC now owns 1,132 shares of the ETF’s stock worth $380,000 after acquiring an additional 30 shares in the last quarter. 28.92% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Stock Performance

Shares of NYSEARCA:VTI opened at $364.69 on Friday. The firm has a market cap of $653.74 billion, a PE ratio of 24.26 and a beta of 1.01. The firm’s 50 day simple moving average is $367.86 and its 200-day simple moving average is $349.36. Vanguard Total Stock Market ETF has a one year low of $304.40 and a one year high of $374.70.

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.