Pinnacle Wealth Management Advisory Group LLC grew its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI – Free Report) by 1.6% in the second quarter, HoldingsChannel.com reports. The fund owned 186,460 shares of the ETF’s stock after buying an additional 2,862 shares during the quarter. Vanguard Total Stock Market ETF comprises 4.1% of Pinnacle Wealth Management Advisory Group LLC’s portfolio, making the stock its biggest position. Pinnacle Wealth Management Advisory Group LLC’s holdings in Vanguard Total Stock Market ETF were worth $68,998,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also modified their holdings of the business. Cardinal Point Capital Management ULC raised its holdings in shares of Vanguard Total Stock Market ETF by 5.2% in the first quarter. Cardinal Point Capital Management ULC now owns 611,956 shares of the ETF’s stock valued at $196,322,000 after buying an additional 30,152 shares during the last quarter. RM Financial Services LLC acquired a new position in Vanguard Total Stock Market ETF during the 4th quarter worth about $3,163,000. Compass Financial Management LLC acquired a new position in Vanguard Total Stock Market ETF during the 2nd quarter worth about $2,176,000. Cary Street Partners Financial LLC grew its holdings in Vanguard Total Stock Market ETF by 17.8% during the 4th quarter. Cary Street Partners Financial LLC now owns 125,790 shares of the ETF’s stock worth $42,174,000 after acquiring an additional 18,987 shares during the last quarter. Finally, Baron Wealth Management LLC bought a new stake in Vanguard Total Stock Market ETF during the 2nd quarter worth about $778,000. 28.92% of the stock is owned by institutional investors and hedge funds.
Vanguard Total Stock Market ETF Trading Down 0.6%
VTI opened at $377.60 on Wednesday. The stock has a market capitalization of $676.88 billion, a PE ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 1-year low of $310.40 and a 1-year high of $385.12. The firm has a 50-day moving average price of $374.33 and a two-hundred day moving average price of $357.87.
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.
Featured Stories
- Five stocks we like better than Vanguard Total Stock Market ETF
- Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected
- Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock
- Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement
- Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For
Want to see what other hedge funds are holding VTI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Total Stock Market ETF (NYSEARCA:VTI – Free Report).
Receive News & Ratings for Vanguard Total Stock Market ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Total Stock Market ETF and related companies with MarketBeat.com's FREE daily email newsletter.
