Vanguard Total Stock Market ETF $VTI is Briaud Financial Planning Inc’s Largest Position

Briaud Financial Planning Inc boosted its position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 12.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 339,446 shares of the company’s stock after purchasing an additional 37,319 shares during the period. Vanguard Total Stock Market ETF makes up 36.4% of Briaud Financial Planning Inc’s portfolio, making the stock its biggest position. Briaud Financial Planning Inc’s holdings in Vanguard Total Stock Market ETF were worth $111,396,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Evolution Wealth Management Inc. purchased a new position in Vanguard Total Stock Market ETF in the 2nd quarter valued at about $29,000. Wealth Watch Advisors INC purchased a new stake in shares of Vanguard Total Stock Market ETF during the third quarter worth about $31,000. Strategic Wealth Investment Group LLC purchased a new stake in shares of Vanguard Total Stock Market ETF during the second quarter worth about $33,000. Anfield Capital Management LLC acquired a new position in shares of Vanguard Total Stock Market ETF in the second quarter worth about $45,000. Finally, Clear Investment Research LLC acquired a new position in shares of Vanguard Total Stock Market ETF in the third quarter worth about $51,000. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

Shares of VTI opened at $326.02 on Thursday. Vanguard Total Stock Market ETF has a one year low of $236.42 and a one year high of $344.42. The stock has a 50-day moving average price of $338.10 and a 200 day moving average price of $333.50. The company has a market capitalization of $555.18 billion, a P/E ratio of 24.26 and a beta of 1.02.

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.