Vanguard Total Stock Market ETF $VTI Stock Position Lifted by Ervin Investment Management LLC

Ervin Investment Management LLC lifted its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 121.5% in the 4th quarter, HoldingsChannel reports. The firm owned 3,668 shares of the company’s stock after purchasing an additional 2,012 shares during the quarter. Vanguard Total Stock Market ETF makes up 0.6% of Ervin Investment Management LLC’s portfolio, making the stock its 23rd largest holding. Ervin Investment Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $1,230,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Penney Financial LLC grew its stake in shares of Vanguard Total Stock Market ETF by 4.7% in the fourth quarter. Penney Financial LLC now owns 124,072 shares of the company’s stock worth $41,598,000 after purchasing an additional 5,619 shares in the last quarter. Palumbo Wealth Management LLC bought a new position in shares of Vanguard Total Stock Market ETF in the fourth quarter worth $740,000. Five Pine Wealth Management grew its stake in shares of Vanguard Total Stock Market ETF by 10.2% in the fourth quarter. Five Pine Wealth Management now owns 18,216 shares of the company’s stock worth $6,107,000 after purchasing an additional 1,688 shares in the last quarter. Perfromance Wealth Partners LLC grew its stake in shares of Vanguard Total Stock Market ETF by 23.9% in the fourth quarter. Perfromance Wealth Partners LLC now owns 4,406 shares of the company’s stock worth $1,477,000 after purchasing an additional 851 shares in the last quarter. Finally, Mayfair Advisory Group LLC boosted its stake in Vanguard Total Stock Market ETF by 7.5% during the fourth quarter. Mayfair Advisory Group LLC now owns 12,290 shares of the company’s stock valued at $4,133,000 after buying an additional 853 shares in the last quarter. Institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Up 0.1%

Shares of VTI stock opened at $325.43 on Wednesday. The stock has a 50-day simple moving average of $332.68 and a 200 day simple moving average of $333.51. Vanguard Total Stock Market ETF has a fifty-two week low of $240.05 and a fifty-two week high of $344.42. The stock has a market capitalization of $563.24 billion, a P/E ratio of 24.26 and a beta of 1.02.

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.