Merit Financial Group LLC Buys 25,304 Shares of Vanguard Total Stock Market ETF $VTI

Merit Financial Group LLC lifted its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 6.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 396,272 shares of the company’s stock after purchasing an additional 25,304 shares during the quarter. Vanguard Total Stock Market ETF comprises about 1.2% of Merit Financial Group LLC’s investment portfolio, making the stock its 16th biggest position. Merit Financial Group LLC’s holdings in Vanguard Total Stock Market ETF were worth $130,045,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Aldebaran Financial Inc. grew its holdings in shares of Vanguard Total Stock Market ETF by 1.0% in the second quarter. Aldebaran Financial Inc. now owns 3,103 shares of the company’s stock valued at $943,000 after purchasing an additional 32 shares in the last quarter. Bank of Jackson Hole Trust lifted its stake in shares of Vanguard Total Stock Market ETF by 15.9% in the 2nd quarter. Bank of Jackson Hole Trust now owns 240 shares of the company’s stock valued at $73,000 after purchasing an additional 33 shares during the last quarter. Sara Bay Financial boosted its holdings in shares of Vanguard Total Stock Market ETF by 1.6% in the 3rd quarter. Sara Bay Financial now owns 2,039 shares of the company’s stock worth $669,000 after purchasing an additional 33 shares during the period. Trust Co. of Toledo NA OH increased its position in shares of Vanguard Total Stock Market ETF by 2.6% during the 3rd quarter. Trust Co. of Toledo NA OH now owns 1,314 shares of the company’s stock valued at $431,000 after purchasing an additional 33 shares during the last quarter. Finally, Advisory Resource Group lifted its position in Vanguard Total Stock Market ETF by 2.4% in the second quarter. Advisory Resource Group now owns 1,457 shares of the company’s stock worth $443,000 after buying an additional 34 shares during the last quarter. 28.92% of the stock is owned by institutional investors.

Vanguard Total Stock Market ETF Stock Up 0.2%

VTI stock opened at $336.65 on Tuesday. Vanguard Total Stock Market ETF has a twelve month low of $236.42 and a twelve month high of $344.42. The stock has a market capitalization of $573.28 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02. The firm’s fifty day simple moving average is $339.04 and its two-hundred day simple moving average is $330.46.

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.