Prospect Financial Group LLC Takes Position in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Prospect Financial Group LLC bought a new position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the fourth quarter, Holdings Channel reports. The institutional investor bought 16,947 shares of the company’s stock, valued at approximately $4,911,000. Vanguard Total Stock Market ETF accounts for approximately 6.0% of Prospect Financial Group LLC’s holdings, making the stock its 4th largest position.

Several other hedge funds have also recently modified their holdings of the stock. Modern Wealth Management LLC increased its stake in Vanguard Total Stock Market ETF by 51.3% during the 4th quarter. Modern Wealth Management LLC now owns 83,819 shares of the company’s stock worth $25,138,000 after buying an additional 28,427 shares in the last quarter. CoreFirst Bank & Trust acquired a new stake in shares of Vanguard Total Stock Market ETF in the fourth quarter worth approximately $377,000. Grantvest Financial Group LLC purchased a new stake in shares of Vanguard Total Stock Market ETF during the fourth quarter worth approximately $415,000. Haverford Trust Co increased its position in shares of Vanguard Total Stock Market ETF by 0.6% during the fourth quarter. Haverford Trust Co now owns 218,312 shares of the company’s stock worth $63,269,000 after purchasing an additional 1,204 shares in the last quarter. Finally, Angeles Investment Advisors LLC raised its stake in Vanguard Total Stock Market ETF by 10.1% in the 4th quarter. Angeles Investment Advisors LLC now owns 980 shares of the company’s stock valued at $284,000 after purchasing an additional 90 shares during the last quarter.

Vanguard Total Stock Market ETF Stock Up 1.9 %

Shares of VTI opened at $284.01 on Tuesday. Vanguard Total Stock Market ETF has a 52-week low of $244.57 and a 52-week high of $303.39. The stock has a market cap of $2.35 trillion, a PE ratio of 24.31 and a beta of 1.04. The firm’s fifty day moving average is $292.03 and its two-hundred day moving average is $290.21.

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.