American Wealth Advisors LLC Buys New Position in Vanguard Total Stock Market ETF $VTI

American Wealth Advisors LLC acquired a new position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the 3rd quarter, Holdings Channel.com reports. The firm acquired 10,955 shares of the company’s stock, valued at approximately $3,595,000. Vanguard Total Stock Market ETF accounts for approximately 3.6% of American Wealth Advisors LLC’s portfolio, making the stock its 6th largest holding.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Evolution Wealth Management Inc. bought a new position in shares of Vanguard Total Stock Market ETF in the second quarter worth approximately $29,000. Strategic Wealth Investment Group LLC bought a new stake in shares of Vanguard Total Stock Market ETF during the 2nd quarter valued at $33,000. Anfield Capital Management LLC purchased a new position in shares of Vanguard Total Stock Market ETF during the 2nd quarter valued at $45,000. Clear Investment Research LLC bought a new position in Vanguard Total Stock Market ETF in the 3rd quarter worth $51,000. Finally, Glassy Mountain Advisors Inc. bought a new position in Vanguard Total Stock Market ETF in the 3rd quarter worth $57,000. Institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

Shares of VTI stock opened at $338.19 on Thursday. The stock has a fifty day simple moving average of $339.58 and a two-hundred day simple moving average of $332.51. The firm has a market capitalization of $575.90 billion, a PE ratio of 24.26 and a beta of 1.02. Vanguard Total Stock Market ETF has a 52-week low of $236.42 and a 52-week high of $344.42.

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.