NewCorp Financial Services Inc. acquired a new position in Vanguard Total Stock Market ETF (NYSEARCA:VTI – Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 3,231 shares of the company’s stock, valued at approximately $1,083,000. Vanguard Total Stock Market ETF accounts for 1.0% of NewCorp Financial Services Inc.’s portfolio, making the stock its 16th largest holding.
Other hedge funds also recently added to or reduced their stakes in the company. Core Wealth Advisors LLC purchased a new position in Vanguard Total Stock Market ETF in the fourth quarter worth approximately $30,000. Wealth Watch Advisors INC purchased a new position in shares of Vanguard Total Stock Market ETF during the third quarter worth $31,000. Basepoint Wealth LLC purchased a new position in shares of Vanguard Total Stock Market ETF during the fourth quarter worth $32,000. Strategic Wealth Investment Group LLC purchased a new position in shares of Vanguard Total Stock Market ETF during the second quarter worth $33,000. Finally, Torren Management LLC purchased a new position in shares of Vanguard Total Stock Market ETF during the fourth quarter worth $36,000. 28.92% of the stock is currently owned by hedge funds and other institutional investors.
Vanguard Total Stock Market ETF Price Performance
VTI opened at $372.54 on Monday. Vanguard Total Stock Market ETF has a 52 week low of $286.86 and a 52 week high of $373.13. The business has a fifty day simple moving average of $346.45 and a 200-day simple moving average of $340.01. The firm has a market cap of $650.91 billion, a P/E ratio of 24.26 and a beta of 1.01.
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.
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