Hardy Reed LLC Has $247.20 Million Position in Vanguard Total Stock Market ETF $VTI

Hardy Reed LLC lifted its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 0.9% during the 1st quarter, HoldingsChannel reports. The fund owned 770,559 shares of the company’s stock after buying an additional 7,166 shares during the period. Vanguard Total Stock Market ETF comprises approximately 18.0% of Hardy Reed LLC’s portfolio, making the stock its biggest holding. Hardy Reed LLC’s holdings in Vanguard Total Stock Market ETF were worth $247,203,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Cardinal Point Capital Management ULC raised its holdings in Vanguard Total Stock Market ETF by 5.2% during the 1st 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 during the last quarter. Ervin Investment Management LLC boosted its stake in shares of Vanguard Total Stock Market ETF by 121.5% in the 4th 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 during the last quarter. Serenus Wealth Advisors LLC grew its position in shares of 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 worth $11,343,000 after buying an additional 8,144 shares during the period. Rolek Wealth Management LLC grew its position in shares of 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 worth $8,600,000 after buying an additional 1,799 shares during the period. Finally, Diversified Management Inc. bought a new stake in shares of Vanguard Total Stock Market ETF during the fourth quarter worth approximately $5,067,000. Institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Price Performance

Shares of NYSEARCA VTI opened at $368.76 on Monday. The company’s 50 day simple moving average is $364.58 and its 200 day simple moving average is $346.12. Vanguard Total Stock Market ETF has a fifty-two week low of $304.00 and a fifty-two week high of $374.70. The firm has a market capitalization of $654.15 billion, a P/E 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.