Sovereign Investment Advisors LLC Has $8.93 Million Stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Sovereign Investment Advisors LLC boosted its holdings in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 0.5% in the fourth quarter, HoldingsChannel reports. The firm owned 30,826 shares of the company’s stock after acquiring an additional 166 shares during the period. Vanguard Total Stock Market ETF makes up 2.7% of Sovereign Investment Advisors LLC’s portfolio, making the stock its 14th biggest position. Sovereign Investment Advisors LLC’s holdings in Vanguard Total Stock Market ETF were worth $8,934,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Denver PWM LLC bought a new position in Vanguard Total Stock Market ETF in the 4th quarter valued at $33,000. AlphaMark Advisors LLC bought a new position in Vanguard Total Stock Market ETF in the 4th quarter valued at $33,000. Colony Family Offices LLC bought a new position in Vanguard Total Stock Market ETF in the 3rd quarter valued at $35,000. Urban Financial Advisory Corp bought a new position in Vanguard Total Stock Market ETF in the 3rd quarter valued at $37,000. Finally, Promus Capital LLC bought a new position in Vanguard Total Stock Market ETF in the 4th quarter valued at $43,000.

Vanguard Total Stock Market ETF Stock Performance

Shares of VTI opened at $276.99 on Friday. The firm has a market capitalization of $2.30 trillion, a price-to-earnings ratio of 24.31 and a beta of 1.04. The business’s fifty day moving average price is $293.39 and its two-hundred day moving average price is $289.90. Vanguard Total Stock Market ETF has a 52 week low of $244.57 and a 52 week high of $303.39.

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.