David Kennon Inc Has $31.14 Million Holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

David Kennon Inc lowered its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 1.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 107,449 shares of the company’s stock after selling 2,103 shares during the quarter. Vanguard Total Stock Market ETF makes up approximately 12.3% of David Kennon Inc’s investment portfolio, making the stock its 2nd largest position. David Kennon Inc’s holdings in Vanguard Total Stock Market ETF were worth $31,140,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. AlphaMark Advisors LLC bought a new position in shares of Vanguard Total Stock Market ETF in the 4th quarter valued at about $33,000. Mattson Financial Services LLC bought a new stake in shares of Vanguard Total Stock Market ETF in the 2nd quarter valued at about $34,000. Colony Family Offices LLC acquired a new stake in Vanguard Total Stock Market ETF in the 3rd quarter valued at about $35,000. Urban Financial Advisory Corp bought a new position in Vanguard Total Stock Market ETF during the third quarter worth about $37,000. Finally, Westend Capital Management LLC acquired a new position in Vanguard Total Stock Market ETF during the third quarter worth approximately $62,000.

Vanguard Total Stock Market ETF Stock Up 0.9 %

NYSEARCA:VTI opened at $299.65 on Wednesday. Vanguard Total Stock Market ETF has a 12-month low of $239.86 and a 12-month high of $302.95. The stock’s 50 day moving average price is $295.99 and its two-hundred day moving average price is $284.60. The firm has a market capitalization of $449.48 billion, a price-to-earnings 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.