BWM Planning LLC Grows Stake in Vanguard Total Stock Market ETF $VTI

BWM Planning LLC increased its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 10.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 99,965 shares of the company’s stock after purchasing an additional 9,706 shares during the period. Vanguard Total Stock Market ETF accounts for 9.8% of BWM Planning LLC’s portfolio, making the stock its biggest position. BWM Planning LLC’s holdings in Vanguard Total Stock Market ETF were worth $32,806,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. MJT & Associates Financial Advisory Group Inc. increased its stake in shares of Vanguard Total Stock Market ETF by 165.7% in 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 in the last quarter. Evolution Wealth Management Inc. purchased a new stake in Vanguard Total Stock Market ETF in the second quarter worth about $29,000. Strategic Wealth Investment Group LLC purchased a new stake in Vanguard Total Stock Market ETF in the second quarter worth about $33,000. Anfield Capital Management LLC bought a new position in shares of Vanguard Total Stock Market ETF during the second quarter valued at approximately $45,000. Finally, Berkshire Money Management Inc. purchased a new position in shares of Vanguard Total Stock Market ETF during the second quarter valued at approximately $60,000. Institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Down 0.1%

Shares of VTI opened at $340.56 on Friday. The stock has a market cap of $579.94 billion, a P/E ratio of 24.26 and a beta of 1.02. The business’s 50 day moving average price is $336.26 and its 200-day moving average price is $326.80. Vanguard Total Stock Market ETF has a 52 week low of $236.42 and a 52 week high of $343.67.

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.