Pinnacle Wealth Management Advisory Group LLC Purchases 56,463 Shares of Vanguard Total Stock Market ETF $VTI

Pinnacle Wealth Management Advisory Group LLC boosted its position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 48.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 173,222 shares of the company’s stock after acquiring an additional 56,463 shares during the period. Vanguard Total Stock Market ETF makes up approximately 4.4% of Pinnacle Wealth Management Advisory Group LLC’s holdings, making the stock its largest holding. Pinnacle Wealth Management Advisory Group LLC’s holdings in Vanguard Total Stock Market ETF were worth $52,647,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in shares of Vanguard Total Stock Market ETF by 4.1% in the first quarter. Vanguard Group Inc. now owns 55,916,401 shares of the company’s stock valued at $15,368,063,000 after purchasing an additional 2,195,553 shares in the last quarter. Wealthfront Advisers LLC increased its holdings in Vanguard Total Stock Market ETF by 7.7% in the 2nd quarter. Wealthfront Advisers LLC now owns 17,195,561 shares of the company’s stock valued at $5,226,247,000 after buying an additional 1,224,122 shares during the period. LPL Financial LLC raised its stake in shares of Vanguard Total Stock Market ETF by 0.7% in the 1st quarter. LPL Financial LLC now owns 12,996,720 shares of the company’s stock valued at $3,572,018,000 after buying an additional 90,381 shares in the last quarter. WealthNavi Inc. raised its stake in shares of Vanguard Total Stock Market ETF by 7.8% in the 2nd quarter. WealthNavi Inc. now owns 12,352,859 shares of the company’s stock valued at $3,754,404,000 after buying an additional 895,647 shares in the last quarter. Finally, Northern Trust Corp lifted its holdings in shares of Vanguard Total Stock Market ETF by 4.0% during the 1st quarter. Northern Trust Corp now owns 9,763,667 shares of the company’s stock worth $2,683,446,000 after acquiring an additional 378,147 shares during the period. Institutional investors and hedge funds own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

Shares of Vanguard Total Stock Market ETF stock opened at $330.09 on Friday. The firm has a market cap of $550.49 billion, a P/E ratio of 24.26 and a beta of 1.02. The firm’s 50-day simple moving average is $327.92 and its 200-day simple moving average is $309.27. Vanguard Total Stock Market ETF has a twelve month low of $236.42 and a twelve month high of $339.06.

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.