Financial Solutions Advisory Group Inc. Acquires Shares of 16,488 Vanguard Total Stock Market ETF $VTI

Financial Solutions Advisory Group Inc. acquired a new stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) during the first quarter, Holdings Channel.com reports. The fund acquired 16,488 shares of the ETF’s stock, valued at approximately $5,290,000. Vanguard Total Stock Market ETF accounts for 0.7% of Financial Solutions Advisory Group Inc.’s holdings, making the stock its 24th largest holding.

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

Vanguard Total Stock Market ETF Stock Up 0.5%

VTI stock opened at $368.21 on Friday. The stock’s 50 day moving average is $368.05 and its two-hundred day moving average is $350.33. Vanguard Total Stock Market ETF has a 52-week low of $304.40 and a 52-week high of $374.70. The company has a market capitalization of $660.05 billion, a PE ratio of 24.26 and a beta of 1.01.

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. 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.