Franklin Resources Inc. Boosts Stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Franklin Resources Inc. grew its holdings in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 0.2% in the 3rd quarter, Holdings Channel reports. The fund owned 35,814 shares of the company’s stock after acquiring an additional 69 shares during the period. Franklin Resources Inc.’s holdings in Vanguard Total Stock Market ETF were worth $10,327,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of VTI. Strategic Financial Concepts LLC raised its stake in shares of Vanguard Total Stock Market ETF by 29,053.4% in the 2nd quarter. Strategic Financial Concepts LLC now owns 10,264,028 shares of the company’s stock valued at $2,745,730,000 after purchasing an additional 10,228,821 shares in the last quarter. State of New Jersey Common Pension Fund D acquired a new stake in Vanguard Total Stock Market ETF during the second quarter valued at approximately $892,895,000. Novo Holdings A S bought a new position in Vanguard Total Stock Market ETF during the 2nd quarter worth approximately $277,823,000. Magnolia Capital Advisors LLC acquired a new position in shares of Vanguard Total Stock Market ETF in the 2nd quarter worth approximately $222,087,000. Finally, WealthNavi Inc. increased its holdings in shares of 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 acquiring an additional 377,631 shares during the last quarter.

Vanguard Total Stock Market ETF Price Performance

Shares of VTI opened at $293.28 on Friday. The stock has a market capitalization of $439.92 billion, a PE ratio of 23.62 and a beta of 1.02. The business’s fifty day moving average price is $293.34 and its 200 day moving average price is $279.84. Vanguard Total Stock Market ETF has a 12-month low of $232.40 and a 12-month 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.