Bayban Makes New Investment in Vanguard Total Stock Market ETF $VTI

Bayban bought a new position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the fourth quarter, Holdings Channel reports. The institutional investor bought 15,481 shares of the company’s stock, valued at approximately $5,190,000. Vanguard Total Stock Market ETF makes up about 4.6% of Bayban’s holdings, making the stock its 3rd biggest position.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Taylor Securities Services Inc. purchased a new stake in Vanguard Total Stock Market ETF during the fourth quarter valued at about $280,000. Pure Financial Advisors LLC increased its holdings in shares of Vanguard Total Stock Market ETF by 0.4% in the fourth quarter. Pure Financial Advisors LLC now owns 146,422 shares of the company’s stock worth $49,091,000 after buying an additional 558 shares during the period. Valpey Financial Services LLC increased its holdings in shares of Vanguard Total Stock Market ETF by 134.5% in the fourth quarter. Valpey Financial Services LLC now owns 2,101 shares of the company’s stock worth $704,000 after buying an additional 1,205 shares during the period. Rehmann Capital Advisory Group lifted its stake in shares of Vanguard Total Stock Market ETF by 11.7% in the 4th quarter. Rehmann Capital Advisory Group now owns 21,988 shares of the company’s stock valued at $7,372,000 after acquiring an additional 2,311 shares during the last quarter. Finally, SHP Wealth Management bought a new stake in shares of Vanguard Total Stock Market ETF in the 4th quarter valued at about $6,075,000. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

Shares of VTI stock opened at $369.99 on Friday. Vanguard Total Stock Market ETF has a fifty-two week low of $291.97 and a fifty-two week high of $374.70. The stock has a 50 day moving average price of $360.11 and a two-hundred day moving average price of $343.96. The company has a market capitalization of $646.45 billion, a P/E ratio of 24.26 and a beta of 1.01.

Vanguard Total Stock Market ETF 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.