Topsail Wealth Management LLC Boosts Stake in Vanguard Total Stock Market ETF $VTI

Topsail Wealth Management LLC boosted its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 1.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 450,500 shares of the company’s stock after purchasing an additional 6,982 shares during the quarter. Vanguard Total Stock Market ETF comprises 25.1% of Topsail Wealth Management LLC’s investment portfolio, making the stock its biggest position. Topsail Wealth Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $148,244,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Evolution Wealth Management Inc. bought a new position in Vanguard Total Stock Market ETF in the 2nd quarter worth about $29,000. Strategic Wealth Investment Group LLC purchased a new position in shares of Vanguard Total Stock Market ETF during the second quarter worth about $33,000. Anfield Capital Management LLC bought a new position in shares of Vanguard Total Stock Market ETF in the second quarter worth approximately $45,000. Berkshire Money Management Inc. bought a new position in shares of Vanguard Total Stock Market ETF in the second quarter worth approximately $60,000. Finally, Flagship Wealth Advisors LLC raised its stake in Vanguard Total Stock Market ETF by 24.1% in the third quarter. Flagship Wealth Advisors LLC now owns 232 shares of the company’s stock valued at $76,000 after purchasing an additional 45 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 Price Performance

Shares of Vanguard Total Stock Market ETF stock opened at $340.57 on Friday. Vanguard Total Stock Market ETF has a 1 year low of $236.42 and a 1 year high of $344.42. The firm has a market cap of $579.95 billion, a PE ratio of 24.26 and a beta of 1.02. The company has a 50 day simple moving average of $338.09 and a two-hundred day simple moving average of $328.17.

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.