Financial Advocates Investment Management Grows Stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Financial Advocates Investment Management raised its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 6.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 102,616 shares of the company’s stock after purchasing an additional 6,268 shares during the quarter. Vanguard Total Stock Market ETF makes up about 1.7% of Financial Advocates Investment Management’s portfolio, making the stock its 6th biggest holding. Financial Advocates Investment Management’s holdings in Vanguard Total Stock Market ETF were worth $29,739,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of the stock. AlphaMark Advisors LLC acquired a new position in Vanguard Total Stock Market ETF during the fourth quarter worth approximately $33,000. Colony Family Offices LLC acquired a new position in shares of Vanguard Total Stock Market ETF during the 3rd quarter worth approximately $35,000. Urban Financial Advisory Corp bought a new stake in Vanguard Total Stock Market ETF in the 3rd quarter valued at $37,000. Westend Capital Management LLC acquired a new stake in Vanguard Total Stock Market ETF during the 3rd quarter valued at $62,000. Finally, Raleigh Capital Management Inc. boosted its position in Vanguard Total Stock Market ETF by 66.7% during the fourth quarter. Raleigh Capital Management Inc. now owns 255 shares of the company’s stock worth $74,000 after purchasing an additional 102 shares during the period.

Vanguard Total Stock Market ETF Stock Performance

Shares of VTI stock opened at $299.95 on Thursday. The company has a market capitalization of $449.93 billion, a price-to-earnings ratio of 23.62 and a beta of 1.02. Vanguard Total Stock Market ETF has a 52 week low of $243.35 and a 52 week high of $302.95. The company has a 50-day simple moving average of $296.34 and a 200 day simple moving average of $285.60.

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.