Element Wealth LLC Buys 9,835 Shares of Vanguard Total Stock Market ETF $VTI

Element Wealth LLC increased its holdings in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 253.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 13,723 shares of the company’s stock after purchasing an additional 9,835 shares during the quarter. Vanguard Total Stock Market ETF makes up 1.9% of Element Wealth LLC’s investment portfolio, making the stock its 10th largest position. Element Wealth LLC’s holdings in Vanguard Total Stock Market ETF were worth $4,601,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Evelyn Partners Investment Management LLP grew its holdings in shares of Vanguard Total Stock Market ETF by 40.8% during the fourth quarter. Evelyn Partners Investment Management LLP now owns 845 shares of the company’s stock valued at $283,000 after buying an additional 245 shares in the last quarter. Arax Advisory Partners purchased a new position in shares of Vanguard Total Stock Market ETF during the fourth quarter valued at $56,733,000. Arkos Global Advisors grew its holdings in shares of Vanguard Total Stock Market ETF by 29.5% during the fourth quarter. Arkos Global Advisors now owns 2,303 shares of the company’s stock valued at $772,000 after buying an additional 524 shares in the last quarter. Blue Jean Financial LLC purchased a new position in shares of Vanguard Total Stock Market ETF during the fourth quarter valued at $366,000. Finally, Brown Advisory Inc. grew its holdings in shares of Vanguard Total Stock Market ETF by 14.9% during the fourth quarter. Brown Advisory Inc. now owns 2,171,354 shares of the company’s stock valued at $727,990,000 after buying an additional 282,160 shares in the last quarter. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Trading Down 1.3%

Shares of VTI stock opened at $362.74 on Friday. Vanguard Total Stock Market ETF has a 1-year low of $283.00 and a 1-year high of $368.25. The company has a market capitalization of $633.78 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. The stock’s fifty day simple moving average is $339.25 and its 200-day simple moving average is $337.70.

Vanguard Total Stock Market ETF Company 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.