AdvisorNet Financial Inc Increases Holdings in Vanguard Total Stock Market ETF $VTI

AdvisorNet Financial Inc lifted its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 5.6% in the first quarter, HoldingsChannel.com reports. The fund owned 81,346 shares of the company’s stock after buying an additional 4,300 shares during the quarter. Vanguard Total Stock Market ETF comprises 1.4% of AdvisorNet Financial Inc’s portfolio, making the stock its 11th biggest holding. AdvisorNet Financial Inc’s holdings in Vanguard Total Stock Market ETF were worth $26,097,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in VTI. Auto Owners Insurance Co lifted its holdings in Vanguard Total Stock Market ETF by 58,332.8% in the 4th quarter. Auto Owners Insurance Co now owns 12,270,882 shares of the company’s stock worth $4,114,059,000 after purchasing an additional 12,249,882 shares in the last quarter. Align Financial LLC purchased a new stake in Vanguard Total Stock Market ETF during the 4th quarter valued at approximately $210,276,000. Mercer Global Advisors Inc. ADV grew its holdings in Vanguard Total Stock Market ETF by 208.2% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 1,997,096 shares of the company’s stock valued at $655,190,000 after buying an additional 3,842,502 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Vanguard Total Stock Market ETF by 3.8% during the fourth quarter. Vanguard Group Inc. now owns 62,622,049 shares of the company’s stock valued at $20,995,293,000 after buying an additional 2,291,938 shares during the last quarter. Finally, SBI Okasan Asset Management Co.Ltd. bought a new stake in shares of Vanguard Total Stock Market ETF during the fourth quarter valued at approximately $715,235,000. Institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

VTI stock opened at $363.70 on Wednesday. The company’s fifty day moving average price is $361.35 and its 200-day moving average price is $344.45. Vanguard Total Stock Market ETF has a one year low of $297.94 and a one year high of $374.70. The company has a market capitalization of $635.46 billion, a PE ratio of 24.26 and a beta of 1.01.

About Vanguard Total Stock Market ETF

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.