Meridian Investment Counsel Inc. Has $625,000 Position in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Meridian Investment Counsel Inc. raised its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 20.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,337 shares of the company’s stock after buying an additional 400 shares during the period. Meridian Investment Counsel Inc.’s holdings in Vanguard Total Stock Market ETF were worth $625,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Cypress Wealth Services LLC increased its stake in shares of Vanguard Total Stock Market ETF by 2.9% during the 2nd quarter. Cypress Wealth Services LLC now owns 1,344 shares of the company’s stock worth $360,000 after purchasing an additional 38 shares during the last quarter. Smithbridge Asset Management Inc. DE increased its stake in shares of Vanguard Total Stock Market ETF by 0.8% during the 1st quarter. Smithbridge Asset Management Inc. DE now owns 4,826 shares of the company’s stock worth $1,254,000 after purchasing an additional 40 shares during the last quarter. SOA Wealth Advisors LLC. increased its stake in shares of Vanguard Total Stock Market ETF by 2.1% during the 2nd quarter. SOA Wealth Advisors LLC. now owns 1,970 shares of the company’s stock worth $527,000 after purchasing an additional 40 shares during the last quarter. Thrive Wealth Management LLC boosted its holdings in shares of Vanguard Total Stock Market ETF by 2.6% during the 2nd quarter. Thrive Wealth Management LLC now owns 1,610 shares of the company’s stock worth $431,000 after buying an additional 41 shares during the period. Finally, First Command Advisory Services Inc. boosted its holdings in shares of Vanguard Total Stock Market ETF by 0.7% during the 4th quarter. First Command Advisory Services Inc. now owns 5,856 shares of the company’s stock worth $1,389,000 after buying an additional 42 shares during the period.

Vanguard Total Stock Market ETF Stock Performance

Shares of VTI stock traded up $2.58 during midday trading on Monday, hitting $275.75. 2,563,179 shares of the company were exchanged, compared to its average volume of 3,078,530. The firm has a market capitalization of $413.63 billion, a P/E ratio of 23.62 and a beta of 1.02. The firm’s 50 day moving average price is $268.81 and its two-hundred day moving average price is $259.58. Vanguard Total Stock Market ETF has a 52 week low of $202.44 and a 52 week high of $279.21.

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.