Summit Wealth Group LLC Co. Buys 12,212 Shares of Vanguard Total Stock Market ETF $VTI

Summit Wealth Group LLC Co. lifted its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 938.7% in the 4th quarter, Holdings Channel reports. The fund owned 13,513 shares of the company’s stock after acquiring an additional 12,212 shares during the quarter. Vanguard Total Stock Market ETF accounts for approximately 0.6% of Summit Wealth Group LLC Co.’s investment portfolio, making the stock its 23rd biggest position. Summit Wealth Group LLC Co.’s holdings in Vanguard Total Stock Market ETF were worth $4,531,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in VTI. Heck Capital Advisors LLC bought a new stake in shares of Vanguard Total Stock Market ETF during the fourth quarter worth $150,448,000. Peapack Gladstone Financial Corp increased its position in shares of Vanguard Total Stock Market ETF by 0.6% during the second quarter. Peapack Gladstone Financial Corp now owns 9,863 shares of the company’s stock worth $2,998,000 after acquiring an additional 56 shares in the last quarter. Alliancebernstein L.P. grew its position in Vanguard Total Stock Market ETF by 17.5% in the second quarter. Alliancebernstein L.P. now owns 238,003 shares of the company’s stock valued at $72,336,000 after purchasing an additional 35,409 shares in the last quarter. Darwin Wealth Management LLC bought a new position in Vanguard Total Stock Market ETF in the second quarter valued at $243,000. Finally, Ausdal Financial Partners Inc. grew its position in Vanguard Total Stock Market ETF by 8.1% in the second quarter. Ausdal Financial Partners Inc. now owns 22,487 shares of the company’s stock valued at $6,834,000 after purchasing an additional 1,680 shares in the last quarter. Institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Trading Down 0.2%

Vanguard Total Stock Market ETF stock opened at $362.79 on Wednesday. The company has a market cap of $633.87 billion, a P/E ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 1-year low of $283.00 and a 1-year high of $364.48. The company has a fifty day simple moving average of $337.61 and a 200 day simple moving average of $337.05.

Vanguard Total Stock Market ETF 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.