Gilpin Wealth Management LLC Makes New $3.89 Million Investment in Vanguard Total Stock Market ETF $VTI

Gilpin Wealth Management LLC purchased a new position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 11,602 shares of the company’s stock, valued at approximately $3,890,000. Vanguard Total Stock Market ETF makes up about 3.1% of Gilpin Wealth Management LLC’s portfolio, making the stock its 4th largest holding.

Several other institutional investors have also modified their holdings of VTI. Mercer Global Advisors Inc. ADV grew its stake in shares of Vanguard Total Stock Market ETF by 208.2% in the third quarter. Mercer Global Advisors Inc. ADV now owns 1,997,096 shares of the company’s stock worth $655,190,000 after acquiring an additional 3,842,502 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Vanguard Total Stock Market ETF by 3.8% in the fourth quarter. Vanguard Group Inc. now owns 62,622,049 shares of the company’s stock worth $20,995,293,000 after acquiring an additional 2,291,938 shares in the last quarter. SBI Okasan Asset Management Co.Ltd. acquired a new position in shares of Vanguard Total Stock Market ETF in the fourth quarter worth $715,235,000. Corient Private Wealth LLC grew its stake in shares of Vanguard Total Stock Market ETF by 122.5% in the second quarter. Corient Private Wealth LLC now owns 2,520,364 shares of the company’s stock worth $766,014,000 after acquiring an additional 1,387,750 shares in the last quarter. Finally, Cambridge Associates LLC MA ADV grew its stake in shares of Vanguard Total Stock Market ETF by 155.1% in the third quarter. Cambridge Associates LLC MA ADV now owns 1,694,819 shares of the company’s stock worth $556,189,000 after acquiring an additional 1,030,501 shares in the last quarter. Institutional investors and hedge funds own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Down 1.5%

NYSEARCA:VTI opened at $358.04 on Thursday. The company has a fifty day simple moving average of $354.04 and a two-hundred day simple moving average of $342.23. The company has a market cap of $625.57 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 52 week low of $291.97 and a 52 week high of $374.70.

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.