United Community Bank Boosts Holdings in Vanguard Total Stock Market ETF $VTI

United Community Bank grew its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 13.9% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 21,321 shares of the ETF’s stock after acquiring an additional 2,600 shares during the quarter. Vanguard Total Stock Market ETF comprises about 2.5% of United Community Bank’s investment portfolio, making the stock its 5th biggest holding. United Community Bank’s holdings in Vanguard Total Stock Market ETF were worth $7,890,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Auto Owners Insurance Co lifted its position in Vanguard Total Stock Market ETF by 58,332.8% during the fourth quarter. Auto Owners Insurance Co now owns 12,270,882 shares of the ETF’s stock valued at $4,114,059,000 after purchasing an additional 12,249,882 shares during the period. Align Financial LLC purchased a new stake in Vanguard Total Stock Market ETF in the fourth quarter worth approximately $210,276,000. Narodna banka Slovenska bought a new stake in Vanguard Total Stock Market ETF in the 1st quarter worth approximately $1,762,447,000. SBI Okasan Asset Management Co.Ltd. bought a new stake in Vanguard Total Stock Market ETF in the 4th quarter worth approximately $715,235,000. Finally, Corient Private Wealth LLC raised its stake in Vanguard Total Stock Market ETF by 122.5% during the 2nd quarter. Corient Private Wealth LLC now owns 2,520,364 shares of the ETF’s stock valued at $766,014,000 after buying an additional 1,387,750 shares during the last quarter. 28.92% of the stock is currently owned by institutional investors.

Vanguard Total Stock Market ETF Trading Up 1.1%

Shares of VTI opened at $380.93 on Friday. The firm has a fifty day simple moving average of $373.58 and a two-hundred day simple moving average of $356.99. The firm has a market cap of $682.85 billion, a PE ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 1-year low of $310.40 and a 1-year high of $385.12.

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. 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.