Center for Financial Planning Inc. Boosts Stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Center for Financial Planning Inc. increased its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 11.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,413 shares of the company’s stock after buying an additional 789 shares during the period. Vanguard Total Stock Market ETF accounts for about 0.3% of Center for Financial Planning Inc.’s investment portfolio, making the stock its 28th biggest position. Center for Financial Planning Inc.’s holdings in Vanguard Total Stock Market ETF were worth $2,148,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in VTI. LPL Financial LLC raised its position in Vanguard Total Stock Market ETF by 1.9% during the third quarter. LPL Financial LLC now owns 12,994,777 shares of the company’s stock valued at $3,679,601,000 after purchasing an additional 242,536 shares during the period. WealthNavi Inc. raised its position in Vanguard Total Stock Market ETF by 3.4% during the third quarter. WealthNavi Inc. now owns 11,372,065 shares of the company’s stock valued at $3,220,114,000 after purchasing an additional 377,631 shares during the period. Strategic Financial Concepts LLC raised its position in Vanguard Total Stock Market ETF by 27,589.5% during the fourth quarter. Strategic Financial Concepts LLC now owns 10,742,710 shares of the company’s stock valued at $3,113,345,000 after purchasing an additional 10,703,913 shares during the period. Allworth Financial LP raised its position in Vanguard Total Stock Market ETF by 1.6% during the third quarter. Allworth Financial LP now owns 8,409,146 shares of the company’s stock valued at $2,381,134,000 after purchasing an additional 134,150 shares during the period. Finally, HB Wealth Management LLC raised its position in Vanguard Total Stock Market ETF by 0.5% during the fourth quarter. HB Wealth Management LLC now owns 7,873,807 shares of the company’s stock valued at $2,179,547,000 after purchasing an additional 39,815 shares during the period.

Vanguard Total Stock Market ETF Price Performance

Shares of VTI stock opened at $301.84 on Friday. Vanguard Total Stock Market ETF has a 1 year low of $244.57 and a 1 year high of $302.95. The stock’s 50 day simple moving average is $296.29 and its two-hundred day simple moving average is $286.82. The company has a market cap of $452.76 billion, a PE 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.