POM Investment Strategies LLC Takes $1.75 Million Position in Vanguard Total Stock Market ETF $VTI

POM Investment Strategies LLC purchased a new stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 4,730 shares of the ETF’s stock, valued at approximately $1,750,000. Vanguard Total Stock Market ETF makes up approximately 2.0% of POM Investment Strategies LLC’s investment portfolio, making the stock its 11th biggest position.

A number of other institutional investors have also added to or reduced their stakes in the company. Cardinal Point Capital Management ULC grew its stake in Vanguard Total Stock Market ETF by 5.2% in the first quarter. Cardinal Point Capital Management ULC now owns 611,956 shares of the ETF’s stock worth $196,322,000 after purchasing an additional 30,152 shares in the last quarter. RM Financial Services LLC acquired a new stake in shares of Vanguard Total Stock Market ETF in the 4th quarter worth $3,163,000. Cary Street Partners Financial LLC grew its position in Vanguard Total Stock Market ETF by 17.8% during the 4th quarter. Cary Street Partners Financial LLC now owns 125,790 shares of the ETF’s stock worth $42,174,000 after purchasing an additional 18,987 shares during the last quarter. Baron Wealth Management LLC acquired a new stake in shares of Vanguard Total Stock Market ETF during the second quarter worth about $778,000. Finally, First National Advisers LLC raised its holdings in shares of Vanguard Total Stock Market ETF by 24.5% during the fourth quarter. First National Advisers LLC now owns 19,212 shares of the ETF’s stock worth $6,441,000 after purchasing an additional 3,778 shares during the last quarter. Institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

VTI stock opened at $379.73 on Friday. Vanguard Total Stock Market ETF has a one year low of $310.40 and a one year high of $385.12. The firm has a market cap of $680.70 billion, a PE ratio of 24.26 and a beta of 1.01. The firm’s fifty day moving average is $373.93 and its 200 day moving average is $357.15.

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.