Summit Financial Wealth Advisors LLC Boosts Holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Summit Financial Wealth Advisors LLC boosted its position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 9.6% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 34,873 shares of the company’s stock after purchasing an additional 3,063 shares during the period. Vanguard Total Stock Market ETF makes up about 1.8% of Summit Financial Wealth Advisors LLC’s holdings, making the stock its 21st biggest holding. Summit Financial Wealth Advisors LLC’s holdings in Vanguard Total Stock Market ETF were worth $7,682,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Moneta Group Investment Advisors LLC boosted its position in shares of Vanguard Total Stock Market ETF by 860,164.8% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 694,655,186 shares of the company’s stock valued at $132,811,125,000 after buying an additional 694,574,437 shares during the last quarter. Betterment LLC boosted its holdings in shares of Vanguard Total Stock Market ETF by 1.9% during the 1st quarter. Betterment LLC now owns 29,389,347 shares of the company’s stock valued at $5,998,366,000 after acquiring an additional 541,820 shares during the last quarter. Wealthfront Advisers LLC grew its stake in shares of Vanguard Total Stock Market ETF by 4.7% in the first quarter. Wealthfront Advisers LLC now owns 13,673,555 shares of the company’s stock worth $2,790,501,000 after acquiring an additional 617,344 shares during the period. Bank of America Corp DE grew its stake in shares of Vanguard Total Stock Market ETF by 4.1% in the fourth quarter. Bank of America Corp DE now owns 13,259,991 shares of the company’s stock worth $2,535,178,000 after acquiring an additional 517,777 shares during the period. Finally, US Bancorp DE raised its holdings in shares of Vanguard Total Stock Market ETF by 1.3% during the first quarter. US Bancorp DE now owns 13,248,766 shares of the company’s stock valued at $2,704,073,000 after purchasing an additional 170,646 shares during the last quarter.

Vanguard Total Stock Market ETF Trading Down 0.5 %

VTI stock traded down $1.09 on Tuesday, hitting $219.96. The company had a trading volume of 364,577 shares, compared to its average volume of 2,901,286. Vanguard Total Stock Market ETF has a 12-month low of $174.84 and a 12-month high of $228.96. The stock has a market cap of $310.14 billion, a price-to-earnings ratio of 18.80 and a beta of 1.02. The stock’s 50-day simple moving average is $222.82 and its 200 day simple moving average is $212.40.

Vanguard Total Stock Market ETF Company 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.