Vanguard Total Stock Market ETF $VTI Shares Bought by Fairway Wealth LLC

Fairway Wealth LLC raised its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 14.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,996 shares of the company’s stock after purchasing an additional 1,500 shares during the quarter. Vanguard Total Stock Market ETF comprises 0.8% of Fairway Wealth LLC’s holdings, making the stock its 21st biggest position. Fairway Wealth LLC’s holdings in Vanguard Total Stock Market ETF were worth $3,937,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in VTI. MJT & Associates Financial Advisory Group Inc. lifted its position in Vanguard Total Stock Market ETF by 165.7% during the 2nd quarter. MJT & Associates Financial Advisory Group Inc. now owns 93 shares of the company’s stock worth $28,000 after acquiring an additional 58 shares during the period. Evolution Wealth Management Inc. purchased a new position in shares of Vanguard Total Stock Market ETF in the second quarter worth about $29,000. Strategic Wealth Investment Group LLC acquired a new stake in shares of Vanguard Total Stock Market ETF during the second quarter worth about $33,000. Anfield Capital Management LLC acquired a new stake in shares of Vanguard Total Stock Market ETF during the second quarter worth about $45,000. Finally, Berkshire Money Management Inc. purchased a new stake in Vanguard Total Stock Market ETF in the second quarter valued at approximately $60,000. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Trading Up 1.2%

Shares of NYSEARCA:VTI opened at $339.08 on Thursday. Vanguard Total Stock Market ETF has a twelve month low of $236.42 and a twelve month high of $343.67. The company has a market cap of $577.42 billion, a PE ratio of 24.26 and a beta of 1.02. The company’s 50 day moving average is $335.83 and its 200 day moving average is $326.45.

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.