RM Financial Services LLC Takes $3.16 Million Position in Vanguard Total Stock Market ETF $VTI

RM Financial Services LLC purchased a new position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) during the 4th quarter, HoldingsChannel.com reports. The firm purchased 9,435 shares of the company’s stock, valued at approximately $3,163,000. Vanguard Total Stock Market ETF makes up 2.8% of RM Financial Services LLC’s investment portfolio, making the stock its 9th largest position.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Core Wealth Advisors LLC bought a new stake in shares of Vanguard Total Stock Market ETF during the fourth quarter worth $30,000. Hilton Head Capital Partners LLC bought a new position in shares of Vanguard Total Stock Market ETF in the fourth quarter worth about $31,000. Wealth Watch Advisors INC bought a new position in shares of Vanguard Total Stock Market ETF in the third quarter worth about $31,000. Basepoint Wealth LLC purchased a new position in Vanguard Total Stock Market ETF in the 4th quarter worth about $32,000. Finally, Strategic Wealth Investment Group LLC purchased a new position in Vanguard Total Stock Market ETF in the 2nd quarter worth about $33,000. 28.92% of the stock is owned by institutional investors.

Vanguard Total Stock Market ETF Price Performance

Shares of VTI opened at $358.04 on Thursday. The firm has a market capitalization of $625.57 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 1-year low of $291.97 and a 1-year high of $374.70. The company has a 50-day moving average of $354.04 and a 200 day moving average of $342.23.

Vanguard Total Stock Market ETF 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.