Nicholas Hoffman & Company LLC. Acquires 18,982 Shares of Vanguard Total Stock Market ETF $VTI

Nicholas Hoffman & Company LLC. boosted its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 9.2% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 226,353 shares of the company’s stock after acquiring an additional 18,982 shares during the period. Vanguard Total Stock Market ETF comprises about 1.7% of Nicholas Hoffman & Company LLC.’s investment portfolio, making the stock its 10th biggest holding. Nicholas Hoffman & Company LLC.’s holdings in Vanguard Total Stock Market ETF were worth $72,616,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Cardinal Point Capital Management ULC boosted its holdings in shares of Vanguard Total Stock Market ETF by 5.2% during the first quarter. Cardinal Point Capital Management ULC now owns 611,956 shares of the company’s stock valued at $196,322,000 after acquiring an additional 30,152 shares during the period. Ervin Investment Management LLC increased its holdings 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 worth $1,230,000 after acquiring an additional 2,012 shares during the period. Serenus Wealth Advisors LLC increased its holdings in shares of Vanguard Total Stock Market ETF by 31.7% in the 4th quarter. Serenus Wealth Advisors LLC now owns 33,831 shares of the company’s stock worth $11,343,000 after acquiring an additional 8,144 shares during the period. Rolek Wealth Management LLC lifted its position in Vanguard Total Stock Market ETF by 7.5% in the 4th quarter. Rolek Wealth Management LLC now owns 25,652 shares of the company’s stock valued at $8,600,000 after purchasing an additional 1,799 shares during the last quarter. Finally, Diversified Management Inc. bought a new stake in Vanguard Total Stock Market ETF in the 4th quarter valued at about $5,067,000. 28.92% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Stock Down 0.6%

Vanguard Total Stock Market ETF stock opened at $369.61 on Wednesday. Vanguard Total Stock Market ETF has a 52-week low of $304.00 and a 52-week high of $374.70. The firm has a market capitalization of $662.56 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. The firm has a 50-day moving average price of $365.37 and a two-hundred day moving average price of $346.65.

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.