Ridgeline Wealth LLC Makes New Investment in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Ridgeline Wealth LLC bought a new stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 2,599 shares of the company’s stock, valued at approximately $753,000. Vanguard Total Stock Market ETF makes up 0.6% of Ridgeline Wealth LLC’s portfolio, making the stock its 23rd biggest position.

Other institutional investors have also recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC lifted its position in Vanguard Total Stock Market ETF by 29,053.4% during the 2nd quarter. Strategic Financial Concepts LLC now owns 10,264,028 shares of the company’s stock worth $2,745,730,000 after acquiring an additional 10,228,821 shares in the last quarter. State of New Jersey Common Pension Fund D purchased a new position in Vanguard Total Stock Market ETF in the 2nd quarter valued at about $892,895,000. Novo Holdings A S acquired a new stake in shares of Vanguard Total Stock Market ETF during the second quarter valued at about $277,823,000. Magnolia Capital Advisors LLC purchased a new stake in shares of Vanguard Total Stock Market ETF during the second quarter worth about $222,087,000. Finally, WealthNavi Inc. lifted its stake in shares of Vanguard Total Stock Market ETF by 3.4% in the third quarter. WealthNavi Inc. now owns 11,372,065 shares of the company’s stock worth $3,220,114,000 after acquiring an additional 377,631 shares in the last quarter.

Vanguard Total Stock Market ETF Trading Up 0.6 %

NYSEARCA VTI traded up $1.64 during mid-day trading on Monday, reaching $294.70. 3,526,041 shares of the company’s stock traded hands, compared to its average volume of 3,351,836. The company has a fifty day simple moving average of $294.57 and a 200-day simple moving average of $281.86. Vanguard Total Stock Market ETF has a 1-year low of $233.26 and a 1-year high of $302.95. The company has a market cap of $442.05 billion, a price-to-earnings ratio of 23.62 and a beta of 1.02.

Vanguard Total Stock Market ETF 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.