Pinnacle Bancorp Inc. Has $2.50 Million Stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Pinnacle Bancorp Inc. lifted its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 1.8% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,604 shares of the company’s stock after purchasing an additional 173 shares during the period. Vanguard Total Stock Market ETF accounts for 0.7% of Pinnacle Bancorp Inc.’s portfolio, making the stock its 24th largest position. Pinnacle Bancorp Inc.’s holdings in Vanguard Total Stock Market ETF were worth $2,496,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently bought and sold shares of the stock. Friedenthal Financial bought a new position in Vanguard Total Stock Market ETF during the fourth quarter worth about $26,000. MeadowBrook Investment Advisors LLC acquired a new position in shares of Vanguard Total Stock Market ETF during the fourth quarter worth about $27,000. Hexagon Capital Partners LLC increased its stake in Vanguard Total Stock Market ETF by 594.1% in the 4th quarter. Hexagon Capital Partners LLC now owns 118 shares of the company’s stock valued at $28,000 after buying an additional 101 shares during the last quarter. Pineridge Advisors LLC bought a new stake in Vanguard Total Stock Market ETF during the fourth quarter worth about $43,000. Finally, Quantum Capital Management LLC NJ bought a new stake in Vanguard Total Stock Market ETF during the fourth quarter worth $46,000.

Vanguard Total Stock Market ETF Price Performance

NYSEARCA VTI traded down $1.76 during trading on Friday, reaching $267.62. 2,822,334 shares of the company’s stock were exchanged, compared to its average volume of 3,061,469. The business has a 50 day moving average price of $260.61 and a 200-day moving average price of $251.50. The stock has a market capitalization of $401.43 billion, a P/E ratio of 23.62 and a beta of 1.02. Vanguard Total Stock Market ETF has a fifty-two week low of $202.44 and a fifty-two week high of $270.41.

Vanguard Total Stock Market ETF 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.