HBE Wealth Management LLC Purchases 1,388 Shares of Vanguard Total Stock Market ETF $VTI

HBE Wealth Management LLC lifted its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 26.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,551 shares of the company’s stock after purchasing an additional 1,388 shares during the quarter. Vanguard Total Stock Market ETF accounts for 1.8% of HBE Wealth Management LLC’s portfolio, making the stock its 13th largest position. HBE Wealth Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $2,102,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VTI. Cardinal Point Capital Management ULC raised its position in Vanguard Total Stock Market ETF by 5.2% in the first quarter. Cardinal Point Capital Management ULC now owns 611,956 shares of the company’s stock worth $196,322,000 after purchasing an additional 30,152 shares in the last quarter. Ervin Investment Management LLC boosted its holdings in Vanguard Total Stock Market ETF by 121.5% during the fourth quarter. Ervin Investment Management LLC now owns 3,668 shares of the company’s stock valued at $1,230,000 after purchasing an additional 2,012 shares in the last quarter. Serenus Wealth Advisors LLC boosted its holdings in Vanguard Total Stock Market ETF by 31.7% during the fourth quarter. Serenus Wealth Advisors LLC now owns 33,831 shares of the company’s stock valued at $11,343,000 after purchasing an additional 8,144 shares in the last quarter. Rolek Wealth Management LLC grew its stake in shares of Vanguard Total Stock Market ETF by 7.5% in the 4th quarter. Rolek Wealth Management LLC now owns 25,652 shares of the company’s stock valued at $8,600,000 after purchasing an additional 1,799 shares during the period. Finally, Diversified Management Inc. bought a new stake in shares of Vanguard Total Stock Market ETF in the 4th quarter valued at approximately $5,067,000. 28.92% of the stock is owned by institutional investors.

Vanguard Total Stock Market ETF Stock Performance

Shares of VTI opened at $368.76 on Friday. Vanguard Total Stock Market ETF has a 1 year low of $304.00 and a 1 year high of $374.70. The stock has a 50 day simple moving average of $364.58 and a 200-day simple moving average of $346.04. The stock has a market cap of $654.15 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.