Melfa Wealth Management Inc. Boosts Stock Position in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Melfa Wealth Management Inc. increased its holdings in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 128.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,922 shares of the company’s stock after buying an additional 5,016 shares during the period. Vanguard Total Stock Market ETF comprises approximately 1.7% of Melfa Wealth Management Inc.’s investment portfolio, making the stock its 11th largest holding. Melfa Wealth Management Inc.’s holdings in Vanguard Total Stock Market ETF were worth $2,586,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Ironwood Wealth Management LLC. increased its position in shares of Vanguard Total Stock Market ETF by 7.0% during the second quarter. Ironwood Wealth Management LLC. now owns 26,947 shares of the company’s stock worth $7,208,000 after purchasing an additional 1,771 shares in the last quarter. LHM Inc. grew its holdings in shares of Vanguard Total Stock Market ETF by 34.2% during the second quarter. LHM Inc. now owns 492,079 shares of the company’s stock worth $132,107,000 after buying an additional 125,360 shares in the last quarter. 1832 Asset Management L.P. raised its position in shares of Vanguard Total Stock Market ETF by 104.8% in the second quarter. 1832 Asset Management L.P. now owns 3,006 shares of the company’s stock valued at $804,000 after buying an additional 1,538 shares during the last quarter. Insigneo Advisory Services LLC lifted its stake in shares of Vanguard Total Stock Market ETF by 15.5% in the second quarter. Insigneo Advisory Services LLC now owns 18,302 shares of the company’s stock worth $4,670,000 after buying an additional 2,454 shares in the last quarter. Finally, Wick Capital Partners LLC acquired a new position in Vanguard Total Stock Market ETF during the second quarter worth about $28,815,000.

Vanguard Total Stock Market ETF Trading Up 0.5 %

VTI stock opened at $300.60 on Thursday. The firm has a 50-day moving average of $295.41 and a two-hundred day moving average of $283.84. Vanguard Total Stock Market ETF has a 12 month low of $239.86 and a 12 month high of $302.95. The company has a market cap of $450.90 billion, a price-to-earnings ratio of 23.62 and a beta of 1.02.

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.