SBI Okasan Asset Management Co.Ltd. Invests $715.24 Million in Vanguard Total Stock Market ETF $VTI

SBI Okasan Asset Management Co.Ltd. purchased a new position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 2,113,640 shares of the company’s stock, valued at approximately $715,235,000. Vanguard Total Stock Market ETF makes up about 39.4% of SBI Okasan Asset Management Co.Ltd.’s investment portfolio, making the stock its largest position. SBI Okasan Asset Management Co.Ltd. owned 0.12% of Vanguard Total Stock Market ETF at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in VTI. Wealth Watch Advisors INC acquired a new position in shares of Vanguard Total Stock Market ETF during the third quarter worth $31,000. Strategic Wealth Investment Group LLC purchased a new stake in shares of Vanguard Total Stock Market ETF during the second quarter valued at $33,000. Torren Management LLC purchased a new stake in shares of Vanguard Total Stock Market ETF during the fourth quarter valued at $36,000. Burrus Financial Services Inc. grew its holdings in shares of Vanguard Total Stock Market ETF by 43.1% during the fourth quarter. Burrus Financial Services Inc. now owns 130,722 shares of the company’s stock valued at $44,000 after buying an additional 39,387 shares during the last quarter. Finally, KERR FINANCIAL PLANNING Corp purchased a new stake in shares of Vanguard Total Stock Market ETF during the third quarter valued at $50,000. 28.92% of the stock is owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Price Performance

Shares of VTI opened at $371.66 on Friday. The firm has a market capitalization of $649.37 billion, a PE ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 1-year low of $286.86 and a 1-year high of $371.92. The company’s fifty day moving average price is $345.52 and its 200-day moving average price is $339.75.

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.