Front Street Capital Management Inc. Acquires Shares of 3,797 Vanguard Total Stock Market ETF $VTI

Front Street Capital Management Inc. bought a new position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,797 shares of the ETF’s stock, valued at approximately $1,405,000.

Several other institutional investors have also recently added to or reduced their stakes in VTI. Cardinal Point Capital Management ULC boosted its stake in shares of 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 valued at $196,322,000 after buying an additional 30,152 shares in the last quarter. RM Financial Services LLC purchased a new position in Vanguard Total Stock Market ETF in the fourth quarter worth $3,163,000. Cary Street Partners Financial LLC lifted its holdings in Vanguard Total Stock Market ETF by 17.8% in the fourth quarter. Cary Street Partners Financial LLC now owns 125,790 shares of the ETF’s stock valued at $42,174,000 after acquiring an additional 18,987 shares during the period. Baron Wealth Management LLC acquired a new stake in Vanguard Total Stock Market ETF in the second quarter valued at $778,000. Finally, Christine Messmer PC purchased a new stake in shares of Vanguard Total Stock Market ETF during the 4th quarter worth $1,149,000. Institutional investors and hedge funds own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Down 0.3%

NYSEARCA:VTI opened at $377.07 on Tuesday. Vanguard Total Stock Market ETF has a fifty-two week low of $310.40 and a fifty-two week high of $385.12. The firm’s fifty day simple moving average is $371.75 and its 200-day simple moving average is $354.76. The stock has a market cap of $675.93 billion, a PE ratio of 24.26 and a beta of 1.01.

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.