HB Wealth Management LLC Has $2.66 Billion Stock Holdings in Vanguard Total Stock Market ETF $VTI

HB Wealth Management LLC grew its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 0.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,726,405 shares of the company’s stock after buying an additional 78,244 shares during the period. Vanguard Total Stock Market ETF makes up about 17.2% of HB Wealth Management LLC’s holdings, making the stock its biggest holding. HB Wealth Management LLC owned 0.50% of Vanguard Total Stock Market ETF worth $2,662,748,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Core Wealth Advisors LLC bought a new stake in shares of Vanguard Total Stock Market ETF during the 4th quarter worth $30,000. Hilton Head Capital Partners LLC purchased a new position in Vanguard Total Stock Market ETF in the fourth quarter worth $31,000. Wealth Watch Advisors INC bought a new position in Vanguard Total Stock Market ETF in the third quarter valued at $31,000. Basepoint Wealth LLC bought a new position in Vanguard Total Stock Market ETF in the fourth quarter valued at $32,000. Finally, Torren Management LLC purchased a new stake in Vanguard Total Stock Market ETF during the fourth quarter valued at about $36,000. Institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Price Performance

NYSEARCA VTI opened at $368.76 on Friday. The stock’s 50-day simple moving average is $364.58 and its two-hundred day simple moving average is $346.04. Vanguard Total Stock Market ETF has a twelve month low of $304.00 and a twelve month high of $374.70. The company has a market capitalization of $654.15 billion, a price-to-earnings 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.