Sequoia Financial Advisors LLC Has $1.25 Billion Stock Position in Vanguard Total Stock Market ETF $VTI

Sequoia Financial Advisors LLC grew its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 1.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,715,482 shares of the company’s stock after acquiring an additional 68,138 shares during the quarter. Vanguard Total Stock Market ETF accounts for 6.9% of Sequoia Financial Advisors LLC’s holdings, making the stock its biggest position. Sequoia Financial Advisors LLC owned 0.22% of Vanguard Total Stock Market ETF worth $1,245,690,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Ervin Investment Management LLC grew its position in shares of Vanguard Total Stock Market ETF by 121.5% in the 4th quarter. Ervin Investment Management LLC now owns 3,668 shares of the company’s stock valued at $1,230,000 after purchasing an additional 2,012 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its position in shares of Vanguard Total Stock Market ETF by 40.8% in the 3rd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 88,766 shares of the company’s stock valued at $29,130,000 after purchasing an additional 25,715 shares during the period. BIP Wealth LLC grew its position in shares of Vanguard Total Stock Market ETF by 5.5% in the 3rd quarter. BIP Wealth LLC now owns 325,339 shares of the company’s stock valued at $106,767,000 after purchasing an additional 16,994 shares during the period. CNB Bank grew its position in shares of Vanguard Total Stock Market ETF by 40.6% in the 3rd quarter. CNB Bank now owns 8,307 shares of the company’s stock valued at $2,726,000 after purchasing an additional 2,399 shares during the period. Finally, Frazier Financial Advisors LLC grew its position in shares of Vanguard Total Stock Market ETF by 16.0% in the 3rd quarter. Frazier Financial Advisors LLC now owns 39,001 shares of the company’s stock valued at $12,799,000 after purchasing an additional 5,392 shares during the period. 28.92% of the stock is owned by institutional investors.

Vanguard Total Stock Market ETF Stock Performance

Shares of VTI opened at $361.86 on Thursday. The stock has a 50 day simple moving average of $335.83 and a 200 day simple moving average of $336.12. Vanguard Total Stock Market ETF has a 52-week low of $273.58 and a 52-week high of $362.27. The firm has a market capitalization of $632.25 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.