Financial Management Professionals Inc. Boosts Stock Holdings in Vanguard Total Stock Market ETF $VTI

Financial Management Professionals Inc. increased its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 1,888.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,420 shares of the company’s stock after acquiring an additional 3,248 shares during the period. Financial Management Professionals Inc.’s holdings in Vanguard Total Stock Market ETF were worth $1,125,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Heck Capital Advisors LLC purchased a new position in shares of Vanguard Total Stock Market ETF in the 4th quarter valued at about $150,448,000. American Century Companies Inc. acquired a new stake in Vanguard Total Stock Market ETF in the first quarter valued at approximately $458,000. Freedom Investment Management Inc. acquired a new stake in Vanguard Total Stock Market ETF in the first quarter valued at approximately $234,000. Wealth Preservation Advisors LLC purchased a new position in Vanguard Total Stock Market ETF in the first quarter worth approximately $26,000. Finally, Truvestments Capital LLC grew its holdings in Vanguard Total Stock Market ETF by 35.8% during the 1st quarter. Truvestments Capital LLC now owns 239 shares of the company’s stock worth $66,000 after acquiring an additional 63 shares in the last quarter. 28.92% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Trading Up 0.3%

Shares of NYSEARCA:VTI opened at $339.88 on Friday. Vanguard Total Stock Market ETF has a 52 week low of $236.42 and a 52 week high of $340.10. The company’s 50 day moving average is $333.44 and its two-hundred day moving average is $320.92. The company has a market cap of $566.81 billion, a PE ratio of 24.26 and a beta of 1.02.

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.