American Wealth Advisors LLC Purchases New Position in Vanguard Total Stock Market ETF $VTI

American Wealth Advisors LLC acquired a new stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 10,955 shares of the company’s stock, valued at approximately $3,595,000. Vanguard Total Stock Market ETF makes up about 3.6% of American Wealth Advisors LLC’s portfolio, making the stock its 6th biggest position.

Several other institutional investors have also added to or reduced their stakes in the business. Evolution Wealth Management Inc. purchased a new stake in shares of Vanguard Total Stock Market ETF during the second quarter valued at $29,000. Strategic Wealth Investment Group LLC bought a new position in Vanguard Total Stock Market ETF during the 2nd quarter valued at about $33,000. Anfield Capital Management LLC bought a new position in Vanguard Total Stock Market ETF during the 2nd quarter valued at about $45,000. Clear Investment Research LLC purchased a new stake in shares of Vanguard Total Stock Market ETF during the 3rd quarter valued at about $51,000. Finally, Glassy Mountain Advisors Inc. bought a new stake in shares of Vanguard Total Stock Market ETF in the third quarter worth approximately $57,000. 28.92% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Stock Up 0.7%

VTI opened at $338.19 on Thursday. The stock has a market capitalization of $575.90 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02. The firm has a 50 day moving average price of $339.58 and a 200-day moving average price of $332.51. Vanguard Total Stock Market ETF has a twelve month low of $236.42 and a twelve month high of $344.42.

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.