Shum Financial Group Inc. Invests $477,000 in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Shum Financial Group Inc. bought a new position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 1,673 shares of the company’s stock, valued at approximately $477,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. LPL Financial LLC lifted its position in Vanguard Total Stock Market ETF by 1.9% in the third quarter. LPL Financial LLC now owns 12,994,777 shares of the company’s stock worth $3,679,601,000 after purchasing an additional 242,536 shares during the period. WealthNavi Inc. lifted its position in Vanguard Total Stock Market ETF by 3.4% in the third quarter. WealthNavi Inc. now owns 11,372,065 shares of the company’s stock worth $3,220,114,000 after purchasing an additional 377,631 shares during the period. Strategic Financial Concepts LLC lifted its position in Vanguard Total Stock Market ETF by 29,053.4% in the second quarter. Strategic Financial Concepts LLC now owns 10,264,028 shares of the company’s stock worth $2,745,730,000 after purchasing an additional 10,228,821 shares during the period. Allworth Financial LP lifted its position in Vanguard Total Stock Market ETF by 1.6% in the third quarter. Allworth Financial LP now owns 8,409,146 shares of the company’s stock worth $2,381,134,000 after purchasing an additional 134,150 shares during the period. Finally, HB Wealth Management LLC lifted its position in Vanguard Total Stock Market ETF by 3.4% in the second quarter. HB Wealth Management LLC now owns 7,718,449 shares of the company’s stock worth $1,981,385,000 after purchasing an additional 252,733 shares during the period.

Vanguard Total Stock Market ETF Price Performance

Shares of NYSEARCA:VTI traded up $0.35 on Tuesday, reaching $298.31. 576,702 shares of the company traded hands, compared to its average volume of 2,986,313. The company’s 50 day moving average is $286.86 and its 200-day moving average is $274.89. Vanguard Total Stock Market ETF has a fifty-two week low of $224.45 and a fifty-two week high of $299.47. The stock has a market capitalization of $447.47 billion, a PE ratio of 23.62 and a beta of 1.02.

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.