Approach Retirement Advisors LLC Purchases New Position in Vanguard Total Stock Market ETF $VTI

Approach Retirement Advisors LLC purchased a new stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 2,105 shares of the company’s stock, valued at approximately $706,000.

Several other large investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its stake in shares of Vanguard Total Stock Market ETF by 2.7% during the third quarter. Vanguard Group Inc. now owns 60,330,111 shares of the company’s stock valued at $19,798,531,000 after acquiring an additional 1,561,779 shares in the last quarter. Rakuten Investment Management Inc. acquired a new stake in shares of Vanguard Total Stock Market ETF during the third quarter valued at about $15,530,622,000. Wealthfront Advisers LLC grew its stake in shares of Vanguard Total Stock Market ETF by 3.9% during the third quarter. Wealthfront Advisers LLC now owns 17,862,011 shares of the company’s stock valued at $5,861,776,000 after acquiring an additional 666,450 shares in the last quarter. WealthNavi Inc. grew its stake in shares of Vanguard Total Stock Market ETF by 0.3% during the fourth quarter. WealthNavi Inc. now owns 12,394,779 shares of the company’s stock valued at $4,155,598,000 after acquiring an additional 32,017 shares in the last quarter. Finally, HB Wealth Management LLC grew its stake in shares of Vanguard Total Stock Market ETF by 1.1% during the fourth quarter. HB Wealth Management LLC now owns 8,648,161 shares of the company’s stock valued at $2,760,340,000 after acquiring an additional 96,255 shares in the last quarter. 28.92% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Price Performance

Shares of Vanguard Total Stock Market ETF stock opened at $352.05 on Friday. The business has a 50-day moving average of $333.85 and a 200-day moving average of $334.89. The company has a market capitalization of $615.11 billion, a PE ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 1-year low of $266.25 and a 1-year high of $352.37.

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.