Magnolia Wealth Management LLC raised its position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI – Free Report) by 1.5% in the second quarter, according to its most recent filing with the SEC. The firm owned 181,284 shares of the ETF’s stock after purchasing an additional 2,664 shares during the quarter. Vanguard Total Stock Market ETF makes up approximately 35.1% of Magnolia Wealth Management LLC’s investment portfolio, making the stock its largest holding. Magnolia Wealth Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $67,082,000 at the end of the most recent reporting period.
Several other hedge funds have also recently added to or reduced their stakes in VTI. Core Wealth Advisors LLC bought a new stake in shares of Vanguard Total Stock Market ETF in the 4th quarter valued at $30,000. Hilton Head Capital Partners LLC bought a new position in Vanguard Total Stock Market ETF during the fourth quarter worth $31,000. Wealth Watch Advisors INC bought a new position in Vanguard Total Stock Market ETF during the third quarter worth $31,000. Basepoint Wealth LLC acquired a new position in Vanguard Total Stock Market ETF in the fourth quarter valued at $32,000. Finally, Strategic Wealth Investment Group LLC acquired a new position in Vanguard Total Stock Market ETF in the second quarter valued at $33,000. Institutional investors own 28.92% of the company’s stock.
Vanguard Total Stock Market ETF Trading Down 0.3%
Shares of VTI opened at $379.73 on Friday. The firm’s fifty day simple moving average is $373.93 and its two-hundred day simple moving average is $357.15. Vanguard Total Stock Market ETF has a 12 month low of $310.40 and a 12 month high of $385.12. The stock has a market capitalization of $680.70 billion, a P/E ratio of 24.26 and a beta of 1.01.
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.
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