Financial Solutions Advisory Group Inc. Buys New Holdings in Vanguard Total Stock Market ETF $VTI

Financial Solutions Advisory Group Inc. purchased a new stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 16,488 shares of the ETF’s stock, valued at approximately $5,290,000. Vanguard Total Stock Market ETF accounts for 0.7% of Financial Solutions Advisory Group Inc.’s portfolio, making the stock its 24th largest holding.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VTI. Auto Owners Insurance Co raised its holdings in Vanguard Total Stock Market ETF by 58,332.8% in the fourth quarter. Auto Owners Insurance Co now owns 12,270,882 shares of the ETF’s stock valued at $4,114,059,000 after buying an additional 12,249,882 shares during the period. Align Financial LLC purchased a new stake in Vanguard Total Stock Market ETF during the fourth quarter worth approximately $210,276,000. Narodna banka Slovenska acquired a new stake in shares of Vanguard Total Stock Market ETF in the first quarter worth $1,762,447,000. Vanguard Group Inc. raised its stake 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 valued at $20,995,293,000 after acquiring an additional 2,291,938 shares during the period. Finally, SBI Okasan Asset Management Co.Ltd. purchased a new position in shares of Vanguard Total Stock Market ETF in the 4th quarter valued at $715,235,000. 28.92% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Trading Up 0.5%

NYSEARCA:VTI opened at $368.21 on Friday. The firm has a market capitalization of $660.05 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. The firm’s fifty day simple moving average is $368.05 and its 200 day simple moving average is $350.33. Vanguard Total Stock Market ETF has a twelve month low of $304.40 and a twelve month 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.