Potomac Fund Management Inc. ADV Boosts Stock Holdings in Vanguard Total Stock Market ETF $VTI

Potomac Fund Management Inc. ADV boosted its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 12.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 68,273 shares of the company’s stock after purchasing an additional 7,531 shares during the period. Vanguard Total Stock Market ETF makes up approximately 0.8% of Potomac Fund Management Inc. ADV’s portfolio, making the stock its 14th biggest holding. Potomac Fund Management Inc. ADV’s holdings in Vanguard Total Stock Market ETF were worth $22,890,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of VTI. Mercer Global Advisors Inc. ADV raised its stake in Vanguard Total Stock Market ETF by 208.2% during the third quarter. Mercer Global Advisors Inc. ADV now owns 1,997,096 shares of the company’s stock worth $655,190,000 after purchasing an additional 3,842,502 shares during the period. Vanguard Group Inc. raised its stake in Vanguard Total Stock Market ETF by 3.8% during the fourth quarter. Vanguard Group Inc. now owns 62,622,049 shares of the company’s stock worth $20,995,293,000 after purchasing an additional 2,291,938 shares during the period. SBI Okasan Asset Management Co.Ltd. purchased a new position in Vanguard Total Stock Market ETF during the fourth quarter worth approximately $715,235,000. Corient Private Wealth LLC raised its stake in Vanguard Total Stock Market ETF by 122.5% during the second quarter. Corient Private Wealth LLC now owns 2,520,364 shares of the company’s stock worth $766,014,000 after purchasing an additional 1,387,750 shares during the period. Finally, Cambridge Associates LLC MA ADV raised its stake in Vanguard Total Stock Market ETF by 155.1% during the third quarter. Cambridge Associates LLC MA ADV now owns 1,694,819 shares of the company’s stock worth $556,189,000 after purchasing an additional 1,030,501 shares during the period. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Price Performance

NYSEARCA:VTI opened at $366.36 on Monday. The company has a market cap of $640.11 billion, a P/E ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a fifty-two week low of $291.97 and a fifty-two week high of $374.70. The firm’s 50 day moving average is $355.77 and its two-hundred day moving average is $342.78.

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.