Financial Planning Hawaii Inc. Invests $8.87 Million in Vanguard Total Stock Market ETF $VTI

Financial Planning Hawaii Inc. acquired a new position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 26,468 shares of the company’s stock, valued at approximately $8,874,000. Vanguard Total Stock Market ETF comprises approximately 5.1% of Financial Planning Hawaii Inc.’s investment portfolio, making the stock its 4th largest holding.

A number of other institutional investors have also recently bought and sold shares of the business. Gould Asset Management LLC CA boosted its holdings in shares of Vanguard Total Stock Market ETF by 2.6% during the third quarter. Gould Asset Management LLC CA now owns 1,185 shares of the company’s stock worth $389,000 after purchasing an additional 30 shares during the period. Abbot Financial Management Inc. increased its stake in Vanguard Total Stock Market ETF by 2.1% in the 3rd quarter. Abbot Financial Management Inc. now owns 1,436 shares of the company’s stock valued at $471,000 after buying an additional 30 shares during the period. 4J Wealth Management LLC increased its stake in Vanguard Total Stock Market ETF by 1.5% in the 3rd quarter. 4J Wealth Management LLC now owns 2,057 shares of the company’s stock valued at $675,000 after buying an additional 31 shares during the period. Aldebaran Financial Inc. lifted its position in Vanguard Total Stock Market ETF by 1.0% in the 2nd quarter. Aldebaran Financial Inc. now owns 3,103 shares of the company’s stock worth $943,000 after buying an additional 32 shares in the last quarter. Finally, Stenger Family Office LLC lifted its position in Vanguard Total Stock Market ETF by 1.3% in the 3rd quarter. Stenger Family Office LLC now owns 2,486 shares of the company’s stock worth $839,000 after buying an additional 32 shares in the last quarter. 28.92% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Trading Down 0.5%

Shares of NYSEARCA:VTI opened at $311.68 on Tuesday. The firm has a market cap of $530.76 billion, a price-to-earnings 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 $344.42. The business has a fifty day simple moving average of $334.66 and a 200 day simple moving average of $333.61.

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.