Pinnacle Bancorp Inc. Increases Stock Position in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Pinnacle Bancorp Inc. raised its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 3.1% during the third quarter, Holdings Channel.com reports. The fund owned 10,076 shares of the company’s stock after purchasing an additional 307 shares during the quarter. Vanguard Total Stock Market ETF accounts for approximately 0.8% of Pinnacle Bancorp Inc.’s investment portfolio, making the stock its 24th largest position. Pinnacle Bancorp Inc.’s holdings in Vanguard Total Stock Market ETF were worth $2,853,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of VTI. Biltmore Family Office LLC grew its position in shares of Vanguard Total Stock Market ETF by 36.1% in the 4th quarter. Biltmore Family Office LLC now owns 12,626 shares of the company’s stock worth $2,995,000 after buying an additional 3,351 shares during the last quarter. Baird Financial Group Inc. increased its position in Vanguard Total Stock Market ETF by 8.4% during the 4th quarter. Baird Financial Group Inc. now owns 613,218 shares of the company’s stock valued at $145,468,000 after purchasing an additional 47,688 shares during the period. Buckingham Strategic Wealth LLC increased its position in Vanguard Total Stock Market ETF by 8.8% during the 4th quarter. Buckingham Strategic Wealth LLC now owns 751,630 shares of the company’s stock valued at $178,302,000 after purchasing an additional 60,748 shares during the period. Buckingham Strategic Partners LLC raised its holdings in Vanguard Total Stock Market ETF by 4.0% in the 4th quarter. Buckingham Strategic Partners LLC now owns 202,055 shares of the company’s stock worth $47,932,000 after purchasing an additional 7,776 shares in the last quarter. Finally, Bluestem Financial Advisors LLC lifted its position in shares of Vanguard Total Stock Market ETF by 0.3% in the 4th quarter. Bluestem Financial Advisors LLC now owns 16,377 shares of the company’s stock worth $3,885,000 after purchasing an additional 54 shares during the period.

Vanguard Total Stock Market ETF Price Performance

VTI stock opened at $283.92 on Friday. Vanguard Total Stock Market ETF has a 1 year low of $202.44 and a 1 year high of $284.74. The firm has a 50-day moving average of $274.36 and a 200 day moving average of $266.47. The company has a market cap of $425.88 billion, a P/E ratio of 23.62 and a beta of 1.02.

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.