Syntrinsic LLC Increases Stake in Vanguard Total Stock Market ETF
Syntrinsic LLC has boosted its investment in the Vanguard Total Stock Market ETF (NYSEARCA: VTI) by 6.8% during the third quarter, as detailed in the recent Form 13F filing with the Securities and Exchange Commission. After the investment, Syntrinsic LLC now holds a total of 6,040 shares, having acquired an additional 386 shares in the given period. This ETF represents about 0.6% of their entire portfolio, ranking it as the 18th largest position they maintain. As of the end of the last quarter, Syntrinsic LLC's holdings in the Vanguard Total Stock Market ETF were valued at approximately $1,710,000.
Other significant investors have also been active in buying and selling shares of the Vanguard Total Stock Market ETF. For instance, GoalFusion Wealth Management LLC increased its holdings by 3.3% in the third quarter, bringing their total to 1,164 shares worth $330,000 after purchasing an additional 37 shares. Cypress Wealth Services LLC also expanded its investment, with a 2.9% increase in the second quarter, holding 1,344 shares valued at $360,000, following an increase of 38 shares. Additionally, Riverstone Advisors LLC's position rose by 1.5% in the same quarter, resulting in ownership of 2,615 shares valued at $700,000 after adding 38 shares. Smithbridge Asset Management Inc. DE grew its stake by 0.8%, now owning 4,826 shares valued at $1,254,000 after adding 40 shares in the first quarter. Lastly, SOA Wealth Advisors LLC has seen a 2.1% rise in holdings, now possessing 1,970 shares worth $527,000 after acquiring an extra 40 shares.
Performance of Vanguard Total Stock Market ETF
On Thursday, shares of the Vanguard Total Stock Market ETF (NYSEARCA: VTI) opened at $284.50. The ETF boasts a market capitalization of approximately $426.75 billion and has a price-to-earnings (PE) ratio of 23.62, alongside a beta of 1.02. The ETF's recent performance shows a 50-day moving average of $274.12 and a 200-day average of $266.35. Over the last year, this ETF reached a low of $202.44 and a high of $284.74, reflecting its robust activity in the market.
Understanding Vanguard Total Stock Market ETF
The Vanguard Total Stock Market ETF serves as an exchange-traded share class of the Vanguard Total Stock Market Index Fund. It employs a passive management approach aiming to track the MSCI US Broad Market Index, which encompasses over 99.5% of the total market capitalization of all common stocks traded in the United States across major exchanges as well as the Nasdaq over-the-counter market.
Additional Insights
Those interested in tracking hedge fund activities surrounding Vanguard Total Stock Market ETF can visit various financial tracking websites for the latest 13F filings and insider transactions. Additionally, individuals can sign up for email alerts to receive daily summaries of news and analyst ratings associated with the ETF and similar investment options.
Investment, Stock, ETF