Archer Investment Management LLC Purchases 2,815 Shares of Vanguard Total Stock Market ETF $VTI

Archer Investment Management LLC lifted its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 97.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,707 shares of the company’s stock after purchasing an additional 2,815 shares during the quarter. Vanguard Total Stock Market ETF comprises approximately 1.0% of Archer Investment Management LLC’s portfolio, making the stock its 28th largest holding. Archer Investment Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $1,913,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Spinnaker Investment Group LLC grew its position in Vanguard Total Stock Market ETF by 0.3% during the fourth quarter. Spinnaker Investment Group LLC now owns 12,758 shares of the company’s stock worth $4,277,000 after buying an additional 38 shares in the last quarter. Wealth Management Partners LLC increased its position in shares of Vanguard Total Stock Market ETF by 61.3% in the fourth quarter. Wealth Management Partners LLC now owns 1,555 shares of the company’s stock worth $521,000 after purchasing an additional 591 shares during the last quarter. Howard Financial Services LTD. raised its stake in Vanguard Total Stock Market ETF by 9.5% in the fourth quarter. Howard Financial Services LTD. now owns 11,949 shares of the company’s stock valued at $4,006,000 after purchasing an additional 1,040 shares in the last quarter. DAVENPORT & Co LLC grew its stake in Vanguard Total Stock Market ETF by 6.8% in the 4th quarter. DAVENPORT & Co LLC now owns 35,619 shares of the company’s stock worth $11,942,000 after buying an additional 2,281 shares in the last quarter. Finally, Heritage Family Offices LLP increased its holdings in shares of Vanguard Total Stock Market ETF by 752.8% in the 4th quarter. Heritage Family Offices LLP now owns 7,061 shares of the company’s stock worth $2,367,000 after buying an additional 6,233 shares during the last quarter. Institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

Vanguard Total Stock Market ETF stock opened at $323.18 on Wednesday. The firm’s fifty day moving average price is $336.60 and its 200-day moving average price is $333.75. The stock has a market cap of $550.34 billion, a P/E ratio of 24.26 and a beta of 1.02. Vanguard Total Stock Market ETF has a fifty-two week low of $236.42 and a fifty-two week high of $344.42.

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.