Sovereign Financial Group Inc. Has $923,000 Stock Position in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Sovereign Financial Group Inc. lifted its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 37.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 3,183 shares of the company’s stock after buying an additional 868 shares during the period. Sovereign Financial Group Inc.’s holdings in Vanguard Total Stock Market ETF were worth $923,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in VTI. Colony Family Offices LLC bought a new stake in shares of Vanguard Total Stock Market ETF in the third quarter worth about $35,000. Mattson Financial Services LLC bought a new position in shares of Vanguard Total Stock Market ETF during the 2nd quarter valued at about $34,000. Urban Financial Advisory Corp acquired a new position in shares of Vanguard Total Stock Market ETF in the 3rd quarter valued at approximately $37,000. Westend Capital Management LLC bought a new stake in Vanguard Total Stock Market ETF during the 3rd quarter worth approximately $62,000. Finally, Darwin Wealth Management LLC acquired a new stake in Vanguard Total Stock Market ETF during the 3rd quarter worth approximately $77,000.

Vanguard Total Stock Market ETF Stock Performance

Shares of VTI opened at $288.42 on Wednesday. The firm has a market cap of $432.63 billion, a P/E ratio of 23.62 and a beta of 1.02. Vanguard Total Stock Market ETF has a twelve month low of $233.43 and a twelve month high of $302.95. The firm’s 50 day moving average price is $295.42 and its two-hundred day moving average price is $282.94.

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.