Davis Capital Management Invests $3.74 Million in Vanguard Total Stock Market ETF $VTI

Davis Capital Management purchased a new stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 11,410 shares of the company’s stock, valued at approximately $3,744,000. Vanguard Total Stock Market ETF makes up approximately 2.6% of Davis Capital Management’s portfolio, making the stock its 7th largest holding.

A number of other hedge funds have also recently added to or reduced their stakes in VTI. Heck Capital Advisors LLC bought a new position in shares of Vanguard Total Stock Market ETF in the 4th quarter worth about $150,448,000. American Century Companies Inc. acquired a new stake in Vanguard Total Stock Market ETF during the first quarter worth about $458,000. Alliancebernstein L.P. lifted its holdings in Vanguard Total Stock Market ETF by 8.6% in the first quarter. Alliancebernstein L.P. now owns 202,594 shares of the company’s stock worth $55,681,000 after acquiring an additional 16,113 shares during the last quarter. Plotkin Financial Advisors LLC boosted its stake in Vanguard Total Stock Market ETF by 5.6% in the first quarter. Plotkin Financial Advisors LLC now owns 56,471 shares of the company’s stock valued at $15,520,000 after acquiring an additional 3,006 shares during the period. Finally, Plancorp LLC grew its holdings in shares of Vanguard Total Stock Market ETF by 16.7% during the first quarter. Plancorp LLC now owns 594,756 shares of the company’s stock valued at $163,463,000 after purchasing an additional 85,007 shares during the last quarter. Institutional investors and hedge funds own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Trading Up 0.3%

Shares of Vanguard Total Stock Market ETF stock opened at $336.31 on Friday. The stock has a market capitalization of $560.86 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02. Vanguard Total Stock Market ETF has a twelve month low of $236.42 and a twelve month high of $340.33. The business’s 50 day simple moving average is $334.24 and its 200-day simple moving average is $322.84.

Vanguard Total Stock Market ETF Company 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.