MB Generational Wealth LLC Takes Position in Vanguard Total Stock Market ETF $VTI

MB Generational Wealth LLC acquired a new stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 6,367 shares of the company’s stock, valued at approximately $2,089,000. Vanguard Total Stock Market ETF makes up 1.3% of MB Generational Wealth LLC’s investment portfolio, making the stock its 14th largest holding.

A number of other hedge funds also recently added to or reduced their stakes in the business. Evolution Wealth Management Inc. acquired a new position in Vanguard Total Stock Market ETF during the 2nd quarter worth $29,000. Strategic Wealth Investment Group LLC purchased a new position in shares of Vanguard Total Stock Market ETF in the 2nd quarter valued at about $33,000. Anfield Capital Management LLC purchased a new position in shares of Vanguard Total Stock Market ETF in the 2nd quarter valued at about $45,000. Bank of Jackson Hole Trust grew its position in shares of Vanguard Total Stock Market ETF by 15.9% during the second quarter. Bank of Jackson Hole Trust now owns 240 shares of the company’s stock worth $73,000 after buying an additional 33 shares in the last quarter. Finally, Financial Gravity Companies Inc. purchased a new stake in shares of Vanguard Total Stock Market ETF during the second quarter worth approximately $74,000. 28.92% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Stock Up 2.1%

Shares of NYSEARCA:VTI opened at $340.96 on Monday. The firm’s 50 day moving average price is $338.68 and its 200 day moving average price is $329.34. The stock has a market cap of $580.62 billion, a price-to-earnings 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.

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.