Rialto Wealth Management LLC Takes $3.02 Million Position in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Rialto Wealth Management LLC bought a new position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 10,412 shares of the company’s stock, valued at approximately $3,017,000. Vanguard Total Stock Market ETF comprises approximately 1.0% of Rialto Wealth Management LLC’s investment portfolio, making the stock its 25th largest holding.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VTI. Channel Wealth LLC raised its holdings in shares of Vanguard Total Stock Market ETF by 1.2% during the fourth quarter. Channel Wealth LLC now owns 2,944 shares of the company’s stock valued at $853,000 after acquiring an additional 35 shares during the last quarter. Grove Bank & Trust increased its position in shares of Vanguard Total Stock Market ETF by 0.8% during the fourth quarter. Grove Bank & Trust now owns 4,581 shares of the company’s stock worth $1,328,000 after purchasing an additional 35 shares in the last quarter. Greenwood Capital Associates LLC raised its stake in Vanguard Total Stock Market ETF by 1.3% in the 4th quarter. Greenwood Capital Associates LLC now owns 2,671 shares of the company’s stock valued at $774,000 after purchasing an additional 35 shares during the last quarter. Lifeworks Advisors LLC lifted its holdings in Vanguard Total Stock Market ETF by 2.3% in the 4th quarter. Lifeworks Advisors LLC now owns 1,542 shares of the company’s stock valued at $447,000 after purchasing an additional 35 shares in the last quarter. Finally, FARMERS & MERCHANTS TRUST Co OF LONG BEACH boosted its stake in Vanguard Total Stock Market ETF by 0.6% during the 4th quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 6,541 shares of the company’s stock worth $1,896,000 after purchasing an additional 36 shares during the last quarter.

Vanguard Total Stock Market ETF Trading Up 0.5 %

NYSEARCA:VTI opened at $283.34 on Friday. The company has a market cap of $2.37 trillion, a P/E ratio of 25.79 and a beta of 1.03. Vanguard Total Stock Market ETF has a twelve month low of $244.57 and a twelve month high of $303.39. The company’s 50-day moving average price is $294.99 and its 200-day moving average price is $289.87.

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.