Purpose Unlimited Inc. Takes Position in Vanguard Total Stock Market ETF $VTI

Purpose Unlimited Inc. acquired a new position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 23,245 shares of the company’s stock, valued at approximately $7,793,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Auto Owners Insurance Co raised its stake in shares of Vanguard Total Stock Market ETF by 58,332.8% during the fourth quarter. Auto Owners Insurance Co now owns 12,270,882 shares of the company’s stock worth $4,114,059,000 after acquiring an additional 12,249,882 shares in the last quarter. Align Financial LLC purchased a new stake in shares of Vanguard Total Stock Market ETF in the 4th quarter valued at $210,276,000. Mercer Global Advisors Inc. ADV boosted its stake in shares of Vanguard Total Stock Market ETF by 208.2% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 1,997,096 shares of the company’s stock valued at $655,190,000 after purchasing an additional 3,842,502 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Vanguard Total Stock Market ETF by 3.8% during the 4th quarter. Vanguard Group Inc. now owns 62,622,049 shares of the company’s stock valued at $20,995,293,000 after purchasing an additional 2,291,938 shares during the last quarter. Finally, SBI Okasan Asset Management Co.Ltd. bought a new position in shares of Vanguard Total Stock Market ETF during the 4th quarter valued at $715,235,000. 28.92% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Price Performance

Shares of NYSEARCA:VTI opened at $369.99 on Friday. The stock has a market cap of $646.45 billion, a PE ratio of 24.26 and a beta of 1.01. The company’s fifty day moving average is $360.11 and its 200 day moving average is $343.96. Vanguard Total Stock Market ETF has a 52 week low of $291.97 and a 52 week high of $374.70.

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.