Five Pine Wealth Management Invests $4.14 Million in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Five Pine Wealth Management purchased a new stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 14,294 shares of the company’s stock, valued at approximately $4,142,000. Vanguard Total Stock Market ETF comprises 3.5% of Five Pine Wealth Management’s investment portfolio, making the stock its 8th biggest position.

A number of other institutional investors have also recently added to or reduced their stakes in VTI. Heck Capital Advisors LLC acquired a new stake in shares of Vanguard Total Stock Market ETF in the fourth quarter valued at about $150,448,000. WealthNavi Inc. lifted its stake in Vanguard Total Stock Market ETF by 3.4% in the 3rd quarter. WealthNavi Inc. now owns 11,372,065 shares of the company’s stock valued at $3,220,114,000 after buying an additional 377,631 shares in the last quarter. Kovitz Investment Group Partners LLC boosted its holdings in Vanguard Total Stock Market ETF by 73.4% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 832,861 shares of the company’s stock worth $235,833,000 after buying an additional 352,460 shares during the last quarter. Wilmington Savings Fund Society FSB increased its stake in Vanguard Total Stock Market ETF by 149.3% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 584,766 shares of the company’s stock worth $165,582,000 after buying an additional 350,171 shares in the last quarter. Finally, LPL Financial LLC raised its holdings in shares of Vanguard Total Stock Market ETF by 1.9% during the third quarter. LPL Financial LLC now owns 12,994,777 shares of the company’s stock valued at $3,679,601,000 after acquiring an additional 242,536 shares during the last quarter.

Vanguard Total Stock Market ETF Price Performance

NYSEARCA VTI opened at $298.60 on Friday. The stock’s 50 day simple moving average is $296.38 and its 200-day simple moving average is $285.12. The company has a market cap of $447.90 billion, a PE ratio of 23.62 and a beta of 1.02. Vanguard Total Stock Market ETF has a 1-year low of $239.86 and a 1-year high of $302.95.

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.