Arax Advisory Partners Takes Position in Vanguard Total Stock Market ETF $VTI

Arax Advisory Partners bought a new stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 169,215 shares of the company’s stock, valued at approximately $56,733,000. Vanguard Total Stock Market ETF accounts for about 1.7% of Arax Advisory Partners’ investment portfolio, making the stock its 6th biggest position.

A number of other large investors have also recently made changes to their positions in the stock. Arkos Global Advisors boosted its stake in shares of Vanguard Total Stock Market ETF by 29.5% during the fourth quarter. Arkos Global Advisors now owns 2,303 shares of the company’s stock valued at $772,000 after purchasing an additional 524 shares during the period. Blue Jean Financial LLC purchased a new stake in shares of Vanguard Total Stock Market ETF during the fourth quarter valued at $366,000. Brown Advisory Inc. boosted its stake in shares of Vanguard Total Stock Market ETF by 14.9% during the fourth quarter. Brown Advisory Inc. now owns 2,171,354 shares of the company’s stock valued at $727,990,000 after purchasing an additional 282,160 shares during the period. Baldwin Investment Management LLC boosted its stake in shares of Vanguard Total Stock Market ETF by 2.2% during the fourth quarter. Baldwin Investment Management LLC now owns 7,637 shares of the company’s stock valued at $2,560,000 after purchasing an additional 164 shares during the period. Finally, Atlas Capital Advisors Inc. purchased a new stake in shares of Vanguard Total Stock Market ETF during the fourth quarter valued at $6,173,000. 28.92% of the stock is owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Trading Up 0.6%

Shares of VTI opened at $366.36 on Friday. The firm has a market capitalization of $640.11 billion, a P/E ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 12-month low of $291.97 and a 12-month high of $374.70. The firm has a fifty day moving average price of $355.77 and a 200-day moving average price of $342.68.

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.