L.K. Benson & Company P.C. Invests $5.55 Million in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

L.K. Benson & Company P.C. purchased a new stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 19,143 shares of the company’s stock, valued at approximately $5,548,000. Vanguard Total Stock Market ETF comprises 3.9% of L.K. Benson & Company P.C.’s investment portfolio, making the stock its 3rd largest position.

A number of other hedge funds have also recently bought and sold shares of the business. Sumitomo Mitsui Trust Group Inc. boosted its holdings in Vanguard Total Stock Market ETF by 27.7% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 8,300 shares of the company’s stock worth $2,350,000 after purchasing an additional 1,800 shares during the period. CIBC Asset Management Inc lifted its position in shares of Vanguard Total Stock Market ETF by 3.7% in the 3rd quarter. CIBC Asset Management Inc now owns 11,804 shares of the company’s stock worth $3,261,000 after buying an additional 422 shares during the last quarter. Natixis Advisors LLC boosted its holdings in shares of Vanguard Total Stock Market ETF by 1.9% in the 3rd quarter. Natixis Advisors LLC now owns 49,927 shares of the company’s stock valued at $14,137,000 after buying an additional 917 shares during the period. Thrivent Financial for Lutherans boosted its holdings in shares of Vanguard Total Stock Market ETF by 13.0% in the 3rd quarter. Thrivent Financial for Lutherans now owns 75,130 shares of the company’s stock valued at $21,301,000 after buying an additional 8,618 shares during the period. Finally, TrinityPoint Wealth LLC grew its position in shares of Vanguard Total Stock Market ETF by 35.4% during the 3rd quarter. TrinityPoint Wealth LLC now owns 2,594 shares of the company’s stock valued at $735,000 after buying an additional 678 shares during the last quarter.

Vanguard Total Stock Market ETF Stock Down 1.1 %

Shares of NYSEARCA VTI opened at $276.27 on Wednesday. The firm’s 50-day moving average price is $292.78 and its two-hundred day moving average price is $290.01. Vanguard Total Stock Market ETF has a 52-week low of $244.57 and a 52-week high of $303.39. The stock has a market capitalization of $2.29 trillion, a P/E ratio of 24.31 and a beta of 1.04.

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.