55 North Private Wealth LLC Makes New $5.90 Million Investment in Vanguard Total Stock Market ETF $VTI

55 North Private Wealth LLC bought a new position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 17,593 shares of the company’s stock, valued at approximately $5,899,000. Vanguard Total Stock Market ETF accounts for approximately 1.6% of 55 North Private Wealth LLC’s portfolio, making the stock its 12th biggest holding.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Vanguard Group Inc. boosted its stake in shares of Vanguard Total Stock Market ETF by 2.7% during the 3rd quarter. Vanguard Group Inc. now owns 60,330,111 shares of the company’s stock worth $19,798,531,000 after acquiring an additional 1,561,779 shares during the period. Rakuten Investment Management Inc. bought a new position in shares of Vanguard Total Stock Market ETF during the 3rd quarter worth approximately $15,530,622,000. Wealthfront Advisers LLC boosted its stake in shares of Vanguard Total Stock Market ETF by 3.9% during the 3rd quarter. Wealthfront Advisers LLC now owns 17,862,011 shares of the company’s stock worth $5,861,776,000 after acquiring an additional 666,450 shares during the period. WealthNavi Inc. boosted its stake in shares of Vanguard Total Stock Market ETF by 0.3% during the 4th quarter. WealthNavi Inc. now owns 12,394,779 shares of the company’s stock worth $4,155,598,000 after acquiring an additional 32,017 shares during the period. Finally, HB Wealth Management LLC boosted its stake in shares of Vanguard Total Stock Market ETF by 10.1% during the 3rd quarter. HB Wealth Management LLC now owns 8,551,906 shares of the company’s stock worth $2,680,740,000 after acquiring an additional 784,397 shares during the period. 28.92% of the stock is currently owned by institutional investors.

Vanguard Total Stock Market ETF Stock Performance

Shares of NYSEARCA VTI opened at $350.53 on Monday. The stock has a 50 day moving average of $332.80 and a 200-day moving average of $334.26. The company has a market capitalization of $612.45 billion, a P/E ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 12 month low of $249.94 and a 12 month high of $351.75.

Vanguard Total Stock Market ETF 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.