Level Wealth Management LLC Buys 1,870 Shares of Vanguard Total Stock Market ETF $VTI

Level Wealth Management LLC lifted its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 1.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 156,530 shares of the company’s stock after acquiring an additional 1,870 shares during the quarter. Vanguard Total Stock Market ETF makes up 26.8% of Level Wealth Management LLC’s portfolio, making the stock its biggest holding. Level Wealth Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $52,480,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Ervin Investment Management LLC raised its stake in Vanguard Total Stock Market ETF by 121.5% during the 4th quarter. Ervin Investment Management LLC now owns 3,668 shares of the company’s stock worth $1,230,000 after buying an additional 2,012 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its holdings in Vanguard Total Stock Market ETF by 40.8% during the third quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 88,766 shares of the company’s stock valued at $29,130,000 after purchasing an additional 25,715 shares during the period. BIP Wealth LLC grew its holdings in Vanguard Total Stock Market ETF by 5.5% during the third quarter. BIP Wealth LLC now owns 325,339 shares of the company’s stock valued at $106,767,000 after purchasing an additional 16,994 shares during the period. CNB Bank grew its holdings in Vanguard Total Stock Market ETF by 40.6% during the third quarter. CNB Bank now owns 8,307 shares of the company’s stock valued at $2,726,000 after purchasing an additional 2,399 shares during the period. Finally, Frazier Financial Advisors LLC grew its holdings in Vanguard Total Stock Market ETF by 16.0% during the third quarter. Frazier Financial Advisors LLC now owns 39,001 shares of the company’s stock valued at $12,799,000 after purchasing an additional 5,392 shares during the period. 28.92% of the stock is owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Trading Up 0.3%

Shares of NYSEARCA VTI opened at $355.29 on Friday. The stock has a fifty day simple moving average of $334.99 and a two-hundred day simple moving average of $335.60. Vanguard Total Stock Market ETF has a 1-year low of $273.58 and a 1-year high of $357.15. The firm has a market cap of $620.77 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01.

Vanguard Total Stock Market ETF 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.