Sheets Smith Wealth Management Purchases 3,661 Shares of Vanguard Total Stock Market ETF $VTI

Sheets Smith Wealth Management lifted its position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 96.1% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 7,472 shares of the company’s stock after buying an additional 3,661 shares during the quarter. Sheets Smith Wealth Management’s holdings in Vanguard Total Stock Market ETF were worth $2,397,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Core Wealth Advisors LLC bought a new stake in Vanguard Total Stock Market ETF during the fourth quarter valued at about $30,000. Hilton Head Capital Partners LLC bought a new position in shares of Vanguard Total Stock Market ETF in the fourth quarter worth about $31,000. Wealth Watch Advisors INC bought a new position in shares of Vanguard Total Stock Market ETF in the third quarter worth about $31,000. Basepoint Wealth LLC bought a new position in shares of Vanguard Total Stock Market ETF in the fourth quarter worth about $32,000. Finally, Strategic Wealth Investment Group LLC purchased a new stake in shares of Vanguard Total Stock Market ETF during the second quarter worth about $33,000. Institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

Shares of VTI opened at $369.99 on Monday. The business’s 50 day moving average is $360.11 and its 200 day moving average is $344.02. The company has a market capitalization of $646.45 billion, a PE 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.

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.