Gerald Baker Financial Group LLC Buys Shares of 2,432 Vanguard Total Stock Market ETF $VTI

Gerald Baker Financial Group LLC bought a new position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the first quarter, HoldingsChannel reports. The institutional investor bought 2,432 shares of the ETF’s stock, valued at approximately $780,000.

Several other hedge funds have also recently modified their holdings of the business. SteelPeak Wealth LLC lifted its holdings in shares of Vanguard Total Stock Market ETF by 62.7% during the first quarter. SteelPeak Wealth LLC now owns 45,932 shares of the ETF’s stock valued at $14,735,000 after purchasing an additional 17,708 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its position in shares of Vanguard Total Stock Market ETF by 13.7% during the first quarter. Allspring Global Investments Holdings LLC now owns 99,799 shares of the ETF’s stock valued at $32,259,000 after buying an additional 12,004 shares during the last quarter. One Day In July LLC increased its holdings in Vanguard Total Stock Market ETF by 2.8% in the 1st quarter. One Day In July LLC now owns 37,451 shares of the ETF’s stock worth $12,015,000 after buying an additional 1,033 shares in the last quarter. Thayer Partners LLC MA increased its holdings in Vanguard Total Stock Market ETF by 10.6% in the 1st quarter. Thayer Partners LLC MA now owns 817 shares of the ETF’s stock worth $262,000 after buying an additional 78 shares in the last quarter. Finally, Independent Financial Group LLC purchased a new position in Vanguard Total Stock Market ETF in the 1st quarter worth about $39,587,000. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

VTI opened at $370.58 on Friday. The stock has a market capitalization of $664.30 billion, a P/E ratio of 24.26 and a beta of 1.01. The company’s 50-day simple moving average is $367.56 and its two-hundred day simple moving average is $348.28. Vanguard Total Stock Market ETF has a 52-week low of $304.40 and a 52-week high of $374.70.

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.