BIP Wealth LLC Has $106.77 Million Stake in Vanguard Total Stock Market ETF $VTI

BIP Wealth LLC lifted its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 5.5% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 325,339 shares of the company’s stock after acquiring an additional 16,994 shares during the period. Vanguard Total Stock Market ETF makes up approximately 3.9% of BIP Wealth LLC’s investment portfolio, making the stock its 3rd largest position. BIP Wealth LLC’s holdings in Vanguard Total Stock Market ETF were worth $106,767,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of VTI. Gallagher Fiduciary Advisors LLC increased its holdings in shares of Vanguard Total Stock Market ETF by 30,685.3% during the second quarter. Gallagher Fiduciary Advisors LLC now owns 150,330,714 shares of the company’s stock worth $45,690,014,000 after purchasing an additional 149,842,394 shares during the period. Vanguard Group Inc. boosted its stake in shares of Vanguard Total Stock Market ETF by 5.1% in the second quarter. Vanguard Group Inc. now owns 58,768,332 shares of the company’s stock valued at $17,861,458,000 after buying an additional 2,851,931 shares during the period. Rakuten Investment Management Inc. acquired a new stake in Vanguard Total Stock Market ETF during the third quarter worth approximately $15,530,622,000. Betterment LLC increased its stake in Vanguard Total Stock Market ETF by 0.8% during the 2nd quarter. Betterment LLC now owns 26,303,687 shares of the company’s stock worth $7,994,480,000 after acquiring an additional 209,074 shares during the period. Finally, Wealthfront Advisers LLC raised its holdings in Vanguard Total Stock Market ETF by 7.7% in the 2nd quarter. Wealthfront Advisers LLC now owns 17,195,561 shares of the company’s stock valued at $5,226,247,000 after acquiring an additional 1,224,122 shares in the last quarter. 28.92% of the stock is owned by institutional investors.

Vanguard Total Stock Market ETF Stock Performance

NYSEARCA:VTI opened at $339.08 on Thursday. The stock has a fifty day moving average price of $335.83 and a 200-day moving average price of $326.45. The company has a market cap of $577.42 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02. Vanguard Total Stock Market ETF has a fifty-two week low of $236.42 and a fifty-two week 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.