Smith Salley Wealth Management Has $6.04 Million Stock Holdings in Vanguard Total Stock Market ETF $VTI

Smith Salley Wealth Management grew its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 34.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,837 shares of the company’s stock after acquiring an additional 4,858 shares during the period. Smith Salley Wealth Management’s holdings in Vanguard Total Stock Market ETF were worth $6,043,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of VTI. Heck Capital Advisors LLC acquired a new position in shares of Vanguard Total Stock Market ETF during the 4th quarter worth approximately $150,448,000. Peapack Gladstone Financial Corp raised its stake in shares of Vanguard Total Stock Market ETF by 0.6% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 9,863 shares of the company’s stock worth $2,998,000 after purchasing an additional 56 shares in the last quarter. Alliancebernstein L.P. boosted its holdings in shares of Vanguard Total Stock Market ETF by 17.5% in the 2nd quarter. Alliancebernstein L.P. now owns 238,003 shares of the company’s stock valued at $72,336,000 after buying an additional 35,409 shares during the last quarter. Darwin Wealth Management LLC acquired a new stake in shares of Vanguard Total Stock Market ETF in the 2nd quarter valued at approximately $243,000. Finally, Ausdal Financial Partners Inc. boosted its holdings in shares of Vanguard Total Stock Market ETF by 8.1% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 22,487 shares of the company’s stock valued at $6,834,000 after buying an additional 1,680 shares during the last quarter. Institutional investors and hedge funds own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

NYSEARCA:VTI opened at $369.99 on Monday. Vanguard Total Stock Market ETF has a 1-year low of $291.97 and a 1-year high of $374.70. The firm has a fifty day simple moving average of $360.11 and a 200 day simple moving average of $344.02. The stock has a market capitalization of $646.45 billion, a PE 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.