Financial Connections Group Inc. Boosts Holdings in Vanguard Total Stock Market ETF $VTI

Financial Connections Group Inc. lifted its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 14.4% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 6,567 shares of the company’s stock after purchasing an additional 827 shares during the quarter. Vanguard Total Stock Market ETF accounts for 0.8% of Financial Connections Group Inc.’s portfolio, making the stock its 24th largest position. Financial Connections Group Inc.’s holdings in Vanguard Total Stock Market ETF were worth $1,995,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in VTI. Trust Co. of Toledo NA OH purchased a new stake in shares of Vanguard Total Stock Market ETF in the 2nd quarter valued at approximately $389,000. JNBA Financial Advisors lifted its stake in shares of Vanguard Total Stock Market ETF by 11.3% in the second quarter. JNBA Financial Advisors now owns 11,515 shares of the company’s stock valued at $3,500,000 after purchasing an additional 1,171 shares during the period. Von Berge Wealth Management Group LLC lifted its stake in shares of Vanguard Total Stock Market ETF by 1.5% in the second quarter. Von Berge Wealth Management Group LLC now owns 16,179 shares of the company’s stock valued at $5,012,000 after purchasing an additional 237 shares during the period. Eastern Bank raised its position in Vanguard Total Stock Market ETF by 33.7% during the second quarter. Eastern Bank now owns 34,255 shares of the company’s stock worth $10,411,000 after acquiring an additional 8,632 shares during the last quarter. Finally, Acima Private Wealth LLC raised its position in shares of Vanguard Total Stock Market ETF by 1.5% in the second quarter. Acima Private Wealth LLC now owns 23,144 shares of the company’s stock valued at $7,034,000 after buying an additional 347 shares during the last quarter. 28.92% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Price Performance

NYSEARCA:VTI opened at $321.80 on Friday. Vanguard Total Stock Market ETF has a 1-year low of $236.42 and a 1-year high of $332.20. The firm has a 50 day simple moving average of $321.30 and a 200-day simple moving average of $299.12. The firm has a market cap of $536.66 billion, a PE 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.