Aspen Investment Management Inc Grows Stake in Vanguard Total Stock Market ETF $VTI

Aspen Investment Management Inc lifted its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 399.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,562 shares of the company’s stock after buying an additional 11,644 shares during the period. Vanguard Total Stock Market ETF makes up about 1.5% of Aspen Investment Management Inc’s investment portfolio, making the stock its 13th biggest position. Aspen Investment Management Inc’s holdings in Vanguard Total Stock Market ETF were worth $4,882,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Wealth Watch Advisors INC purchased a new position in shares of Vanguard Total Stock Market ETF in the 3rd quarter worth $31,000. Torren Management LLC purchased a new position in shares of Vanguard Total Stock Market ETF in the 4th quarter worth $36,000. Strategic Wealth Investment Group LLC purchased a new position in shares of Vanguard Total Stock Market ETF in the 2nd quarter worth $33,000. KERR FINANCIAL PLANNING Corp purchased a new position in shares of Vanguard Total Stock Market ETF in the 3rd quarter worth $50,000. Finally, Clear Investment Research LLC purchased a new position in shares of Vanguard Total Stock Market ETF in the 3rd quarter worth $51,000. 28.92% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Price Performance

VTI stock opened at $364.19 on Thursday. The company has a market cap of $636.32 billion, a P/E ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 1 year low of $283.00 and a 1 year high of $368.25. The stock’s fifty day moving average price is $340.95 and its 200-day moving average price is $338.24.

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.