Wealth Management Associates Inc. Raises Stock Position in Vanguard Total Stock Market ETF $VTI

Wealth Management Associates Inc. grew its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 4.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 28,245 shares of the company’s stock after purchasing an additional 1,119 shares during the quarter. Vanguard Total Stock Market ETF makes up approximately 3.3% of Wealth Management Associates Inc.’s holdings, making the stock its 6th biggest holding. Wealth Management Associates Inc.’s holdings in Vanguard Total Stock Market ETF were worth $8,585,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the business. Toth Financial Advisory Corp acquired a new stake in shares of Vanguard Total Stock Market ETF in the 2nd quarter valued at approximately $27,000. MJT & Associates Financial Advisory Group Inc. raised its position in shares of Vanguard Total Stock Market ETF by 165.7% in the 2nd quarter. MJT & Associates Financial Advisory Group Inc. now owns 93 shares of the company’s stock valued at $28,000 after acquiring an additional 58 shares during the period. Wealth Preservation Advisors LLC acquired a new stake in shares of Vanguard Total Stock Market ETF in the 1st quarter valued at approximately $26,000. HFM Investment Advisors LLC acquired a new stake in shares of Vanguard Total Stock Market ETF in the 1st quarter valued at approximately $37,000. Finally, Knuff & Co LLC acquired a new stake in shares of Vanguard Total Stock Market ETF in the 1st quarter valued at approximately $37,000. Institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

Shares of VTI stock opened at $337.95 on Wednesday. The company has a market capitalization of $563.60 billion, a P/E ratio of 24.26 and a beta of 1.02. The company’s 50 day moving average price is $325.30 and its two-hundred day moving average price is $305.14. Vanguard Total Stock Market ETF has a 52 week low of $236.42 and a 52 week high of $338.81.

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.