HBE Wealth Management LLC Takes Position in Vanguard Total Stock Market ETF $VTI

HBE Wealth Management LLC acquired a new position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 5,163 shares of the company’s stock, valued at approximately $1,731,000. Vanguard Total Stock Market ETF makes up 1.6% of HBE Wealth Management LLC’s holdings, making the stock its 14th largest holding.

Other large investors also recently added to or reduced their stakes in the company. Evolution Wealth Management Inc. bought a new position in Vanguard Total Stock Market ETF in the 2nd quarter worth about $29,000. Wealth Watch Advisors INC bought a new stake in shares of Vanguard Total Stock Market ETF during the 3rd quarter valued at about $31,000. Strategic Wealth Investment Group LLC bought a new stake in shares of Vanguard Total Stock Market ETF during the 2nd quarter valued at about $33,000. KERR FINANCIAL PLANNING Corp purchased a new position in shares of Vanguard Total Stock Market ETF during the third quarter worth about $50,000. Finally, Clear Investment Research LLC bought a new position in shares of Vanguard Total Stock Market ETF in the third quarter worth approximately $51,000. Institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Price Performance

Shares of VTI opened at $323.76 on Friday. The firm’s 50 day simple moving average is $333.38 and its 200 day simple moving average is $333.49. The company has a market capitalization of $560.35 billion, a P/E ratio of 24.26 and a beta of 1.02. Vanguard Total Stock Market ETF has a 1-year low of $236.42 and a 1-year 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.