IFC & Insurance Marketing Inc. Purchases 2,775 Shares of Vanguard Total Stock Market ETF $VTI

IFC & Insurance Marketing Inc. boosted its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 123.1% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,029 shares of the company’s stock after purchasing an additional 2,775 shares during the quarter. Vanguard Total Stock Market ETF comprises approximately 1.7% of IFC & Insurance Marketing Inc.’s investment portfolio, making the stock its 18th largest holding. IFC & Insurance Marketing Inc.’s holdings in Vanguard Total Stock Market ETF were worth $1,613,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Core Wealth Advisors LLC bought a new position in shares of Vanguard Total Stock Market ETF in the fourth quarter valued at $30,000. Hilton Head Capital Partners LLC bought a new stake in shares of Vanguard Total Stock Market ETF during the fourth quarter worth about $31,000. Wealth Watch Advisors INC bought a new stake in shares of Vanguard Total Stock Market ETF during the third quarter worth about $31,000. Basepoint Wealth LLC bought a new stake in shares of Vanguard Total Stock Market ETF during the fourth quarter worth about $32,000. Finally, Strategic Wealth Investment Group LLC acquired a new stake in shares of Vanguard Total Stock Market ETF in the 2nd quarter worth about $33,000. Institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

Shares of NYSEARCA VTI opened at $368.81 on Tuesday. Vanguard Total Stock Market ETF has a fifty-two week low of $291.97 and a fifty-two week high of $374.70. The stock has a market cap of $644.39 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. The firm’s 50-day simple moving average is $360.78 and its 200 day simple moving average is $344.26.

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.