Sunbeam Capital Management LLC Buys Shares of 2,329 Vanguard Total Stock Market ETF $VTI

Sunbeam Capital Management LLC bought a new stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 2,329 shares of the company’s stock, valued at approximately $747,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Ervin Investment Management LLC grew its holdings in shares of Vanguard Total Stock Market ETF by 121.5% in the fourth quarter. Ervin Investment Management LLC now owns 3,668 shares of the company’s stock worth $1,230,000 after purchasing an additional 2,012 shares during the last quarter. Serenus Wealth Advisors LLC lifted its holdings in Vanguard Total Stock Market ETF by 31.7% during the 4th quarter. Serenus Wealth Advisors LLC now owns 33,831 shares of the company’s stock valued at $11,343,000 after buying an additional 8,144 shares in the last quarter. Rolek Wealth Management LLC lifted its holdings in Vanguard Total Stock Market ETF by 7.5% during the 4th quarter. Rolek Wealth Management LLC now owns 25,652 shares of the company’s stock valued at $8,600,000 after buying an additional 1,799 shares in the last quarter. Diversified Management Inc. purchased a new stake in Vanguard Total Stock Market ETF in the 4th quarter valued at about $5,067,000. Finally, RM Financial Services LLC purchased a new stake in Vanguard Total Stock Market ETF in the 4th quarter valued at about $3,163,000. 28.92% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Price Performance

Shares of VTI stock opened at $369.99 on Monday. The company has a market capitalization of $646.45 billion, a P/E ratio of 24.26 and a beta of 1.01. The company’s 50-day simple moving average is $360.11 and its two-hundred day simple moving average is $344.02. Vanguard Total Stock Market ETF has a one year low of $291.97 and a one year 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.