Advisory Services Network LLC Has $43.57 Million Stake in Vanguard Total Stock Market ETF $VTI

Advisory Services Network LLC lifted its position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 7.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 132,758 shares of the company’s stock after purchasing an additional 8,635 shares during the period. Vanguard Total Stock Market ETF accounts for 0.6% of Advisory Services Network LLC’s portfolio, making the stock its 15th largest holding. Advisory Services Network LLC’s holdings in Vanguard Total Stock Market ETF were worth $43,567,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Evolution Wealth Management Inc. bought a new position in shares of Vanguard Total Stock Market ETF in the second quarter worth about $29,000. Wealth Watch Advisors INC acquired a new position in Vanguard Total Stock Market ETF during the 3rd quarter worth approximately $31,000. Strategic Wealth Investment Group LLC bought a new position in Vanguard Total Stock Market ETF in the 2nd quarter valued at approximately $33,000. Anfield Capital Management LLC bought a new position in Vanguard Total Stock Market ETF in the 2nd quarter valued at approximately $45,000. Finally, Clear Investment Research LLC acquired a new stake in Vanguard Total Stock Market ETF in the third quarter valued at approximately $51,000. 28.92% of the stock is owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Stock Performance

Shares of NYSEARCA:VTI opened at $330.57 on Wednesday. The company has a fifty day moving average of $338.38 and a 200-day moving average of $333.55. The company has a market capitalization of $562.92 billion, a PE ratio of 24.26 and a beta of 1.02. Vanguard Total Stock Market ETF has a 52-week low of $236.42 and a 52-week 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.