Allen Investment Management LLC Increases Stock Holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Allen Investment Management LLC increased its holdings in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 5.4% during the first quarter, HoldingsChannel reports. The institutional investor owned 585,738 shares of the company’s stock after acquiring an additional 29,921 shares during the period. Vanguard Total Stock Market ETF accounts for about 1.9% of Allen Investment Management LLC’s holdings, making the stock its 14th biggest holding. Allen Investment Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $152,233,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Vanguard Group Inc. boosted its stake in Vanguard Total Stock Market ETF by 10.4% during the 4th quarter. Vanguard Group Inc. now owns 38,913,885 shares of the company’s stock worth $9,231,152,000 after purchasing an additional 3,679,918 shares during the last quarter. Northern Trust Corp boosted its stake in Vanguard Total Stock Market ETF by 1.4% during the 4th quarter. Northern Trust Corp now owns 9,689,823 shares of the company’s stock worth $2,298,620,000 after purchasing an additional 133,037 shares during the last quarter. International Assets Investment Management LLC boosted its stake in Vanguard Total Stock Market ETF by 10,578.3% during the 4th quarter. International Assets Investment Management LLC now owns 9,089,012 shares of the company’s stock worth $2,156,095,000 after purchasing an additional 9,003,895 shares during the last quarter. Allworth Financial LP boosted its stake in Vanguard Total Stock Market ETF by 1.4% during the 1st quarter. Allworth Financial LP now owns 8,257,670 shares of the company’s stock worth $2,146,168,000 after purchasing an additional 114,231 shares during the last quarter. Finally, HB Wealth Management LLC boosted its stake in Vanguard Total Stock Market ETF by 4.1% during the 1st quarter. HB Wealth Management LLC now owns 7,465,716 shares of the company’s stock worth $1,866,663,000 after purchasing an additional 294,495 shares during the last quarter.

Vanguard Total Stock Market ETF Trading Up 0.7 %

VTI traded up $1.81 on Friday, hitting $275.64. 2,729,482 shares of the company’s stock were exchanged, compared to its average volume of 3,054,560. Vanguard Total Stock Market ETF has a fifty-two week low of $202.44 and a fifty-two week high of $277.36. The firm has a 50-day moving average price of $264.95 and a 200-day moving average price of $254.04. The stock has a market cap of $413.46 billion, a price-to-earnings ratio of 23.62 and a beta of 1.02.

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.