Modern Wealth Management LLC Acquires 28,427 Shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Modern Wealth Management LLC grew its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 51.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 83,819 shares of the company’s stock after purchasing an additional 28,427 shares during the quarter. Vanguard Total Stock Market ETF makes up approximately 0.9% of Modern Wealth Management LLC’s investment portfolio, making the stock its 26th largest position. Modern Wealth Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $25,138,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. Centaurus Financial Inc. increased its position in Vanguard Total Stock Market ETF by 1.1% during the 3rd quarter. Centaurus Financial Inc. now owns 4,988 shares of the company’s stock valued at $1,412,000 after buying an additional 55 shares in the last quarter. Bank of Hawaii increased its holdings in shares of Vanguard Total Stock Market ETF by 2.6% during the third quarter. Bank of Hawaii now owns 1,395,039 shares of the company’s stock valued at $395,019,000 after acquiring an additional 35,614 shares in the last quarter. Brown Brothers Harriman & Co. raised its position in shares of Vanguard Total Stock Market ETF by 20.8% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 7,818 shares of the company’s stock valued at $2,214,000 after purchasing an additional 1,346 shares during the last quarter. Diversified LLC boosted its stake in Vanguard Total Stock Market ETF by 8.1% in the 3rd quarter. Diversified LLC now owns 11,039 shares of the company’s stock worth $3,126,000 after purchasing an additional 828 shares in the last quarter. Finally, Private Trust Co. NA grew its position in Vanguard Total Stock Market ETF by 1.3% during the 3rd quarter. Private Trust Co. NA now owns 36,520 shares of the company’s stock worth $10,341,000 after purchasing an additional 474 shares during the last quarter.

Vanguard Total Stock Market ETF Trading Up 1.9 %

NYSEARCA VTI opened at $284.01 on Tuesday. Vanguard Total Stock Market ETF has a 12-month low of $244.57 and a 12-month high of $303.39. The company has a fifty day simple moving average of $292.03 and a two-hundred day simple moving average of $290.21. The stock has a market cap of $2.35 trillion, a P/E ratio of 24.31 and a beta of 1.04.

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.