Merit Financial Group LLC Purchases 30,109 Shares of Vanguard Total Stock Market ETF $VTI

Merit Financial Group LLC grew its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 8.8% during the 2nd quarter, Holdings Channel.com reports. The firm owned 370,968 shares of the company’s stock after purchasing an additional 30,109 shares during the period. Vanguard Total Stock Market ETF accounts for about 1.3% of Merit Financial Group LLC’s portfolio, making the stock its 15th largest holding. Merit Financial Group LLC’s holdings in Vanguard Total Stock Market ETF were worth $112,748,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Fortitude Advisory Group L.L.C. grew its holdings in Vanguard Total Stock Market ETF by 57.0% in the 2nd quarter. Fortitude Advisory Group L.L.C. now owns 2,715 shares of the company’s stock valued at $825,000 after buying an additional 986 shares in the last quarter. Beacon Financial Advisory LLC boosted its position in shares of Vanguard Total Stock Market ETF by 21.5% in the second quarter. Beacon Financial Advisory LLC now owns 1,594 shares of the company’s stock valued at $484,000 after acquiring an additional 282 shares during the period. Alta Wealth Advisors LLC grew its stake in shares of Vanguard Total Stock Market ETF by 3.2% in the second quarter. Alta Wealth Advisors LLC now owns 1,946 shares of the company’s stock valued at $592,000 after acquiring an additional 60 shares in the last quarter. Gemmer Asset Management LLC grew its stake in shares of Vanguard Total Stock Market ETF by 0.8% in the second quarter. Gemmer Asset Management LLC now owns 7,344 shares of the company’s stock valued at $2,232,000 after acquiring an additional 57 shares in the last quarter. Finally, Simplicity Wealth LLC increased its position in Vanguard Total Stock Market ETF by 35.7% during the second quarter. Simplicity Wealth LLC now owns 10,272 shares of the company’s stock worth $3,122,000 after acquiring an additional 2,705 shares during the period. 28.92% of the stock is owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Stock Up 0.1%

Shares of Vanguard Total Stock Market ETF stock opened at $329.97 on Friday. The stock has a market capitalization of $547.29 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02. Vanguard Total Stock Market ETF has a twelve month low of $236.42 and a twelve month high of $331.74. The company has a 50-day simple moving average of $319.50 and a two-hundred day simple moving average of $297.59.

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.