Vanguard Total Stock Market ETF (NYSEARCA:VTI) Shares Acquired by Meridian Investment Counsel Inc.

Meridian Investment Counsel Inc. increased its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 20.7% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,337 shares of the company’s stock after acquiring an additional 400 shares during the period. Meridian Investment Counsel Inc.’s holdings in Vanguard Total Stock Market ETF were worth $625,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Tennessee Valley Asset Management Partners lifted its stake in shares of Vanguard Total Stock Market ETF by 20.8% during the 4th quarter. Tennessee Valley Asset Management Partners now owns 3,237 shares of the company’s stock worth $768,000 after purchasing an additional 558 shares during the period. HTLF Bank purchased a new position in shares of Vanguard Total Stock Market ETF during the 4th quarter worth $7,838,000. Financial Symmetry Inc purchased a new position in shares of Vanguard Total Stock Market ETF during the 4th quarter worth $959,000. Wheelhouse Advisory Group LLC purchased a new position in shares of Vanguard Total Stock Market ETF during the 4th quarter worth $503,000. Finally, Bigelow Investment Advisors LLC purchased a new position in shares of Vanguard Total Stock Market ETF during the 4th quarter worth $205,000.

Vanguard Total Stock Market ETF Stock Performance

Shares of VTI traded up $2.58 during trading hours on Monday, hitting $275.75. The stock had a trading volume of 2,563,179 shares, compared to its average volume of 3,078,530. The firm has a market cap of $413.63 billion, a P/E ratio of 23.62 and a beta of 1.02. The company’s fifty day simple moving average is $268.81 and its 200 day simple moving average is $259.58. Vanguard Total Stock Market ETF has a 12-month low of $202.44 and a 12-month high of $279.21.

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.