Summit Financial Wealth Advisors LLC Has $14.61 Million Position in Vanguard Total Stock Market ETF $VTI

by · The Cerbat Gem

Summit Financial Wealth Advisors LLC boosted its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI – Free Report) by 20.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 48,070 shares of the company’s stock after buying an additional 8,155 shares during the period. Vanguard Total Stock Market ETF accounts for about 2.6% of Summit Financial Wealth Advisors LLC’s investment portfolio, making the stock its 10th biggest holding. Summit Financial Wealth Advisors LLC’s holdings in Vanguard Total Stock Market ETF were worth $14,610,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in VTI. Chris Bulman Inc acquired a new position in Vanguard Total Stock Market ETF in the 2nd quarter valued at $279,000. WealthNavi Inc. raised its position in shares of Vanguard Total Stock Market ETF by 7.8% in the second quarter. WealthNavi Inc. now owns 12,352,859 shares of the company’s stock valued at $3,754,404,000 after buying an additional 895,647 shares during the last quarter. Cape Investment Advisory Inc. raised its position in shares of Vanguard Total Stock Market ETF by 27.7% in the first quarter. Cape Investment Advisory Inc. now owns 2,960 shares of the company’s stock valued at $814,000 after buying an additional 642 shares during the last quarter. Mill Creek Capital Advisors LLC lifted its stake in shares of Vanguard Total Stock Market ETF by 72.3% in the first quarter. Mill Creek Capital Advisors LLC now owns 70,008 shares of the company’s stock worth $19,241,000 after buying an additional 29,366 shares in the last quarter. Finally, Fortitude Advisory Group L.L.C. boosted its position in Vanguard Total Stock Market ETF by 57.0% during the second quarter. Fortitude Advisory Group L.L.C. now owns 2,715 shares of the company’s stock worth $825,000 after acquiring an additional 986 shares during the last quarter. 28.92% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Trading Down 1.1%

Shares of NYSEARCA VTI opened at $335.99 on Monday. The stock has a market cap of $560.33 billion, a PE ratio of 24.26 and a beta of 1.02. Vanguard Total Stock Market ETF has a 12-month low of $236.42 and a 12-month high of $339.94. The company has a 50-day moving average of $331.98 and a 200 day moving average of $318.53.

About Vanguard Total Stock Market ETF

(Free Report)

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.

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