Vanguard Total Stock Market ETF $VTI is Foundation Wealth Management LLC PA’s Largest Position

Foundation Wealth Management LLC PA lifted its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 25.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 97,597 shares of the company’s stock after buying an additional 19,731 shares during the quarter. Vanguard Total Stock Market ETF makes up about 11.9% of Foundation Wealth Management LLC PA’s holdings, making the stock its largest holding. Foundation Wealth Management LLC PA’s holdings in Vanguard Total Stock Market ETF were worth $32,721,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Heck Capital Advisors LLC acquired a new stake in shares of Vanguard Total Stock Market ETF in the fourth quarter worth $150,448,000. Russell Investments Group Ltd. raised its position in Vanguard Total Stock Market ETF by 122.2% during the second quarter. Russell Investments Group Ltd. now owns 7,210 shares of the company’s stock valued at $2,191,000 after buying an additional 3,965 shares during the period. Elevation Point Wealth Partners LLC purchased a new stake in Vanguard Total Stock Market ETF in the 2nd quarter worth about $131,000. Scotia Capital Inc. lifted its stake in Vanguard Total Stock Market ETF by 12.4% in the 2nd quarter. Scotia Capital Inc. now owns 4,525 shares of the company’s stock worth $1,375,000 after acquiring an additional 498 shares in the last quarter. Finally, Schroder Investment Management Group acquired a new stake in Vanguard Total Stock Market ETF during the 2nd quarter worth about $267,000. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

VTI stock opened at $311.68 on Tuesday. The stock has a market cap of $530.76 billion, a P/E ratio of 24.26 and a beta of 1.02. The firm has a 50 day simple moving average of $334.66 and a 200 day simple moving average of $333.61. Vanguard Total Stock Market ETF has a 52 week low of $236.42 and a 52 week high of $344.42.

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.