Bridges Investment Management Inc. Increases Stock Holdings in Vanguard Total Stock Market ETF $VTI

Bridges Investment Management Inc. lifted its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 58.4% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 8,499 shares of the company’s stock after purchasing an additional 3,135 shares during the quarter. Bridges Investment Management Inc.’s holdings in Vanguard Total Stock Market ETF were worth $2,849,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Heck Capital Advisors LLC bought a new stake in Vanguard Total Stock Market ETF during the 4th quarter valued at $150,448,000. Peapack Gladstone Financial Corp raised its position in Vanguard Total Stock Market ETF by 0.6% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 9,863 shares of the company’s stock valued at $2,998,000 after purchasing an additional 56 shares in the last quarter. Alliancebernstein L.P. raised its position in Vanguard Total Stock Market ETF by 17.5% during the 2nd quarter. Alliancebernstein L.P. now owns 238,003 shares of the company’s stock valued at $72,336,000 after purchasing an additional 35,409 shares in the last quarter. Darwin Wealth Management LLC bought a new stake in Vanguard Total Stock Market ETF during the 2nd quarter valued at $243,000. Finally, Ausdal Financial Partners Inc. raised its position in Vanguard Total Stock Market ETF by 8.1% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 22,487 shares of the company’s stock valued at $6,834,000 after purchasing an additional 1,680 shares in the last quarter. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Down 0.7%

Shares of NYSEARCA VTI opened at $371.65 on Thursday. The firm has a market cap of $649.35 billion, a PE ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a twelve month low of $291.07 and a twelve month high of $374.70. The business has a fifty day simple moving average of $349.43 and a two-hundred day simple moving average of $340.84.

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.