Briaud Financial Planning Inc Buys 37,319 Shares of Vanguard Total Stock Market ETF $VTI

Briaud Financial Planning Inc raised its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 12.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 339,446 shares of the company’s stock after acquiring an additional 37,319 shares during the quarter. Vanguard Total Stock Market ETF makes up 36.4% of Briaud Financial Planning Inc’s portfolio, making the stock its biggest position. Briaud Financial Planning Inc’s holdings in Vanguard Total Stock Market ETF were worth $111,396,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the stock. Heck Capital Advisors LLC bought a new stake in Vanguard Total Stock Market ETF in the fourth quarter valued at about $150,448,000. Nordwand Advisors LLC bought a new position in Vanguard Total Stock Market ETF during the 2nd quarter worth approximately $91,000. Traub Capital Management LLC bought a new position in Vanguard Total Stock Market ETF during the 2nd quarter worth approximately $244,000. Morling Financial Advisors LLC grew its position in shares of Vanguard Total Stock Market ETF by 2.8% in the 2nd quarter. Morling Financial Advisors LLC now owns 115,547 shares of the company’s stock worth $35,118,000 after acquiring an additional 3,139 shares in the last quarter. Finally, Copperleaf Capital LLC grew its position in shares of Vanguard Total Stock Market ETF by 6.6% in the 2nd quarter. Copperleaf Capital LLC now owns 7,865 shares of the company’s stock worth $2,391,000 after acquiring an additional 486 shares in the last quarter. 28.92% of the stock is owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Trading Down 1.4%

Shares of NYSEARCA VTI opened at $326.02 on Thursday. The company has a market capitalization of $555.18 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02. Vanguard Total Stock Market ETF has a twelve month low of $236.42 and a twelve month high of $344.42. The business has a 50 day simple moving average of $338.10 and a 200-day simple moving average of $333.50.

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.