TFC Financial Management Inc. Raises Holdings in Vanguard Total Stock Market ETF $VTI

TFC Financial Management Inc. grew its position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 66.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,892 shares of the company’s stock after buying an additional 2,359 shares during the period. TFC Financial Management Inc.’s holdings in Vanguard Total Stock Market ETF were worth $1,975,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in VTI. Evolution Wealth Management Inc. purchased a new position in shares of Vanguard Total Stock Market ETF during the 2nd quarter valued at $29,000. Wealth Watch Advisors INC purchased a new position in shares of Vanguard Total Stock Market ETF during the 3rd quarter valued at $31,000. Strategic Wealth Investment Group LLC purchased a new position in shares of Vanguard Total Stock Market ETF during the 2nd quarter valued at $33,000. KERR FINANCIAL PLANNING Corp purchased a new position in shares of Vanguard Total Stock Market ETF during the 3rd quarter valued at $50,000. Finally, Clear Investment Research LLC bought a new stake in shares of Vanguard Total Stock Market ETF during the 3rd quarter valued at $51,000. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

Shares of VTI opened at $342.65 on Wednesday. The stock’s 50-day simple moving average is $332.23 and its 200 day simple moving average is $333.85. The stock has a market capitalization of $598.68 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 52-week low of $249.94 and a 52-week high of $344.42.

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.