Alpha Financial Advisors LLC Buys Shares of 1,926 Vanguard Total Stock Market ETF $VTI

Alpha Financial Advisors LLC purchased a new position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 1,926 shares of the company’s stock, valued at approximately $646,000.

Several other institutional investors have also recently made changes to their positions in the company. Gallagher Fiduciary Advisors LLC lifted its stake in Vanguard Total Stock Market ETF by 30,685.3% in the second quarter. Gallagher Fiduciary Advisors LLC now owns 150,330,714 shares of the company’s stock worth $45,690,014,000 after acquiring an additional 149,842,394 shares during the period. Vanguard Group Inc. lifted its position in shares of Vanguard Total Stock Market ETF by 2.7% in the 3rd quarter. Vanguard Group Inc. now owns 60,330,111 shares of the company’s stock worth $19,798,531,000 after purchasing an additional 1,561,779 shares during the period. Rakuten Investment Management Inc. purchased a new stake in shares of Vanguard Total Stock Market ETF in the 3rd quarter worth approximately $15,530,622,000. Betterment LLC boosted its stake in shares of Vanguard Total Stock Market ETF by 0.8% during the second quarter. Betterment LLC now owns 26,303,687 shares of the company’s stock valued at $7,994,480,000 after purchasing an additional 209,074 shares in the last quarter. Finally, Wealthfront Advisers LLC boosted its stake in shares of Vanguard Total Stock Market ETF by 3.9% during the third quarter. Wealthfront Advisers LLC now owns 17,862,011 shares of the company’s stock valued at $5,861,776,000 after purchasing an additional 666,450 shares in the last quarter. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Price Performance

Shares of VTI stock opened at $323.76 on Friday. The firm has a market cap of $560.35 billion, a price-to-earnings 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. The company’s 50 day moving average is $333.38 and its 200 day moving average is $333.49.

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.