Meridian Wealth Management LLC Invests $8.75 Million in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Meridian Wealth Management LLC acquired a new stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the 3rd quarter, Holdings Channel.com reports. The institutional investor acquired 30,887 shares of the company’s stock, valued at approximately $8,746,000.

A number of other institutional investors have also recently added to or reduced their stakes in VTI. Yoder Wealth Management Inc. raised its holdings in Vanguard Total Stock Market ETF by 0.9% in the 3rd quarter. Yoder Wealth Management Inc. now owns 4,261 shares of the company’s stock worth $1,207,000 after acquiring an additional 36 shares during the last quarter. GoalFusion Wealth Management LLC grew its position in shares of Vanguard Total Stock Market ETF by 3.3% during the 3rd quarter. GoalFusion Wealth Management LLC now owns 1,164 shares of the company’s stock valued at $330,000 after acquiring an additional 37 shares during the period. Cypress Wealth Services LLC lifted its stake in shares of Vanguard Total Stock Market ETF by 2.9% during the 2nd quarter. Cypress Wealth Services LLC now owns 1,344 shares of the company’s stock valued at $360,000 after buying an additional 38 shares in the last quarter. Riverstone Advisors LLC lifted its stake in Vanguard Total Stock Market ETF by 1.5% in the 2nd quarter. Riverstone Advisors LLC now owns 2,615 shares of the company’s stock worth $700,000 after purchasing an additional 38 shares in the last quarter. Finally, Trustmark National Bank Trust Department grew its position in Vanguard Total Stock Market ETF by 1.2% in the third quarter. Trustmark National Bank Trust Department now owns 3,197 shares of the company’s stock worth $905,000 after acquiring an additional 38 shares in the last quarter.

Vanguard Total Stock Market ETF Price Performance

Shares of NYSEARCA VTI opened at $295.65 on Friday. The company has a market cap of $443.48 billion, a P/E ratio of 23.62 and a beta of 1.02. Vanguard Total Stock Market ETF has a 1 year low of $224.45 and a 1 year high of $298.12. The firm has a 50-day simple moving average of $286.07 and a two-hundred day simple moving average of $274.07.

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.