Sage Mountain Advisors LLC Increases Position in Vanguard Total Stock Market ETF $VTI

Sage Mountain Advisors LLC grew its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 3.5% in the third quarter, HoldingsChannel.com reports. The firm owned 414,298 shares of the company’s stock after purchasing an additional 13,984 shares during the period. Vanguard Total Stock Market ETF comprises about 7.8% of Sage Mountain Advisors LLC’s investment portfolio, making the stock its 3rd largest holding. Sage Mountain Advisors LLC’s holdings in Vanguard Total Stock Market ETF were worth $135,960,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Toth Financial Advisory Corp purchased a new stake in Vanguard Total Stock Market ETF in the 2nd quarter valued at $27,000. MJT & Associates Financial Advisory Group Inc. grew its stake in shares of Vanguard Total Stock Market ETF by 165.7% in the 2nd quarter. MJT & Associates Financial Advisory Group Inc. now owns 93 shares of the company’s stock worth $28,000 after acquiring an additional 58 shares in the last quarter. Evolution Wealth Management Inc. purchased a new stake in shares of Vanguard Total Stock Market ETF in the second quarter valued at about $29,000. Strategic Wealth Investment Group LLC bought a new position in shares of Vanguard Total Stock Market ETF during the second quarter valued at about $33,000. Finally, Anfield Capital Management LLC purchased a new position in Vanguard Total Stock Market ETF during the second quarter worth about $45,000. Institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

NYSEARCA:VTI opened at $337.06 on Tuesday. Vanguard Total Stock Market ETF has a 52 week low of $236.42 and a 52 week high of $343.67. The firm has a 50-day moving average price of $335.78 and a two-hundred day moving average price of $326.17. The firm has a market cap of $573.97 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02.

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.