M Wealth Management LLC Makes New Investment in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

M Wealth Management LLC purchased a new stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 1,236 shares of the company’s stock, valued at approximately $358,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in VTI. Northeast Financial Group Inc. grew its holdings in shares of Vanguard Total Stock Market ETF by 2.0% during the fourth quarter. Northeast Financial Group Inc. now owns 8,379 shares of the company’s stock valued at $2,428,000 after buying an additional 161 shares during the last quarter. Crews Bank & Trust purchased a new stake in Vanguard Total Stock Market ETF in the fourth quarter valued at approximately $5,042,000. Sage Financial Group Inc. increased its holdings in Vanguard Total Stock Market ETF by 14.6% in the 4th quarter. Sage Financial Group Inc. now owns 19,025 shares of the company’s stock worth $5,514,000 after buying an additional 2,422 shares during the period. OLD Second National Bank of Aurora purchased a new position in Vanguard Total Stock Market ETF during the 4th quarter worth approximately $323,000. Finally, Busey Bank raised its position in Vanguard Total Stock Market ETF by 7.4% during the 4th quarter. Busey Bank now owns 6,227 shares of the company’s stock worth $1,805,000 after buying an additional 431 shares during the last quarter.

Vanguard Total Stock Market ETF Price Performance

VTI stock opened at $300.04 on Thursday. The company has a market capitalization of $450.05 billion, a P/E ratio of 23.62 and a beta of 1.02. Vanguard Total Stock Market ETF has a 12 month low of $239.86 and a 12 month high of $302.95. The firm’s fifty day simple moving average is $296.13 and its 200-day simple moving average is $284.77.

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.