Forvis Mazars Wealth Advisors LLC Increases Position in Vanguard Total Stock Market ETF $VTI

Forvis Mazars Wealth Advisors LLC increased its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 1.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,710,363 shares of the company’s stock after buying an additional 82,937 shares during the period. Vanguard Total Stock Market ETF accounts for 30.7% of Forvis Mazars Wealth Advisors LLC’s portfolio, making the stock its largest position. Forvis Mazars Wealth Advisors LLC owned approximately 0.28% of Vanguard Total Stock Market ETF worth $1,545,800,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. MJT & Associates Financial Advisory Group Inc. lifted its stake in shares of Vanguard Total Stock Market ETF by 165.7% in the 2nd quarter. MJT & Associates Financial Advisory Group Inc. now owns 93 shares of the company’s stock valued at $28,000 after purchasing an additional 58 shares during the period. Evolution Wealth Management Inc. bought a new position in Vanguard Total Stock Market ETF in the second quarter worth $29,000. Strategic Wealth Investment Group LLC bought a new position in Vanguard Total Stock Market ETF in the second quarter worth $33,000. Anfield Capital Management LLC purchased a new position in Vanguard Total Stock Market ETF during the second quarter valued at $45,000. Finally, Berkshire Money Management Inc. bought a new stake in shares of Vanguard Total Stock Market ETF during the 2nd quarter valued at $60,000. 28.92% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Price Performance

NYSEARCA:VTI opened at $335.11 on Wednesday. The firm’s 50-day moving average price is $335.77 and its 200-day moving average price is $326.37. The company has a market capitalization of $570.66 billion, a PE ratio of 24.26 and a beta of 1.02. Vanguard Total Stock Market ETF has a 1-year low of $236.42 and a 1-year high of $343.67.

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.