Raymond James Financial Inc. Makes New $886.30 Million Investment in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Raymond James Financial Inc. acquired a new position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 3,058,208 shares of the company’s stock, valued at approximately $886,299,000.

A number of other hedge funds have also recently added to or reduced their stakes in VTI. AlphaMark Advisors LLC bought a new stake in Vanguard Total Stock Market ETF in the fourth quarter valued at $33,000. Denver PWM LLC bought a new stake in Vanguard Total Stock Market ETF in the fourth quarter valued at $33,000. Colony Family Offices LLC bought a new stake in Vanguard Total Stock Market ETF in the third quarter valued at $35,000. Urban Financial Advisory Corp bought a new stake in Vanguard Total Stock Market ETF in the third quarter valued at $37,000. Finally, Promus Capital LLC bought a new stake in Vanguard Total Stock Market ETF in the fourth quarter valued at $43,000.

Vanguard Total Stock Market ETF Stock Performance

VTI stock opened at $287.35 on Thursday. The stock has a market capitalization of $2.41 trillion, a price-to-earnings ratio of 25.79 and a beta of 1.03. Vanguard Total Stock Market ETF has a 1 year low of $244.57 and a 1 year high of $303.39. The stock’s fifty day moving average is $295.52 and its two-hundred day moving average is $289.87.

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.