Financial Discovery Group Inc. Makes New Investment in Vanguard Total Stock Market ETF $VTI

Financial Discovery Group Inc. bought a new stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 2,224 shares of the ETF’s stock, valued at approximately $713,000. Vanguard Total Stock Market ETF accounts for about 1.7% of Financial Discovery Group Inc.’s portfolio, making the stock its 14th largest holding.

Several other institutional investors also recently made changes to their positions in VTI. Core Wealth Advisors LLC bought a new stake in shares of Vanguard Total Stock Market ETF in the 4th quarter worth approximately $30,000. Hilton Head Capital Partners LLC acquired a new position in Vanguard Total Stock Market ETF during the 4th quarter valued at approximately $31,000. Wealth Watch Advisors INC bought a new position in Vanguard Total Stock Market ETF during the 3rd quarter worth $31,000. Basepoint Wealth LLC bought a new position in Vanguard Total Stock Market ETF during the 4th quarter worth $32,000. Finally, Strategic Wealth Investment Group LLC bought a new position in Vanguard Total Stock Market ETF during the 2nd quarter worth $33,000. 28.92% of the stock is owned by institutional investors.

Vanguard Total Stock Market ETF Price Performance

Shares of NYSEARCA VTI opened at $367.01 on Friday. The firm has a market capitalization of $657.90 billion, a PE ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 1-year low of $304.40 and a 1-year high of $374.70. The business’s fifty day moving average price is $367.64 and its two-hundred day moving average price is $348.41.

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.