SVRN Asset Management LLC Buys 39,751 Shares of Vanguard Total Stock Market ETF $VTI

SVRN Asset Management LLC raised its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 61.6% during the second quarter, HoldingsChannel reports. The fund owned 104,299 shares of the ETF’s stock after acquiring an additional 39,751 shares during the quarter. Vanguard Total Stock Market ETF comprises approximately 19.8% of SVRN Asset Management LLC’s holdings, making the stock its largest position. SVRN Asset Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $38,595,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Howard Financial Services LTD. raised its stake in shares of Vanguard Total Stock Market ETF by 0.3% in the 2nd quarter. Howard Financial Services LTD. now owns 11,079 shares of the ETF’s stock valued at $4,100,000 after purchasing an additional 28 shares in the last quarter. Van Hulzen Asset Management LLC grew its stake in Vanguard Total Stock Market ETF by 1.1% in the fourth quarter. Van Hulzen Asset Management LLC now owns 2,749 shares of the ETF’s stock worth $922,000 after purchasing an additional 30 shares in the last quarter. Alteri Wealth LLC increased its holdings in Vanguard Total Stock Market ETF by 2.7% in the fourth quarter. Alteri Wealth LLC now owns 1,132 shares of the ETF’s stock valued at $380,000 after buying an additional 30 shares during the last quarter. Greenwich Wealth Management LLC increased its holdings in Vanguard Total Stock Market ETF by 0.8% in the fourth quarter. Greenwich Wealth Management LLC now owns 4,113 shares of the ETF’s stock valued at $1,379,000 after buying an additional 31 shares during the last quarter. Finally, Ruane Cunniff & Goldfarb L.P. raised its stake in Vanguard Total Stock Market ETF by 1.2% during the fourth quarter. Ruane Cunniff & Goldfarb L.P. now owns 2,678 shares of the ETF’s stock valued at $898,000 after buying an additional 31 shares in the last quarter. 28.92% of the stock is owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Stock Down 0.3%

Shares of NYSEARCA VTI opened at $379.73 on Friday. The stock’s 50 day moving average price is $373.93 and its two-hundred day moving average price is $357.15. Vanguard Total Stock Market ETF has a 52-week low of $310.40 and a 52-week high of $385.12. The stock has a market capitalization of $680.70 billion, a P/E 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.