Sherman Asset Management Inc. Purchases New Position in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Sherman Asset Management Inc. purchased a new stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 34,730 shares of the company’s stock, valued at approximately $10,065,000. Vanguard Total Stock Market ETF makes up about 9.2% of Sherman Asset Management Inc.’s investment portfolio, making the stock its 2nd largest holding.

Several other large investors also recently modified their holdings of VTI. Channel Wealth LLC boosted its position in Vanguard Total Stock Market ETF by 1.2% in the fourth quarter. Channel Wealth LLC now owns 2,944 shares of the company’s stock valued at $853,000 after buying an additional 35 shares in the last quarter. Grove Bank & Trust boosted its position in Vanguard Total Stock Market ETF by 0.8% in the fourth quarter. Grove Bank & Trust now owns 4,581 shares of the company’s stock valued at $1,328,000 after buying an additional 35 shares in the last quarter. Greenwood Capital Associates LLC boosted its position in Vanguard Total Stock Market ETF by 1.3% in the fourth quarter. Greenwood Capital Associates LLC now owns 2,671 shares of the company’s stock valued at $774,000 after buying an additional 35 shares in the last quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH boosted its position in Vanguard Total Stock Market ETF by 0.6% in the fourth quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 6,541 shares of the company’s stock valued at $1,896,000 after buying an additional 36 shares in the last quarter. Finally, MidAtlantic Capital Management Inc. boosted its position in Vanguard Total Stock Market ETF by 4.3% in the fourth quarter. MidAtlantic Capital Management Inc. now owns 867 shares of the company’s stock valued at $251,000 after buying an additional 36 shares in the last quarter.

Vanguard Total Stock Market ETF Stock Up 1.5 %

NYSEARCA:VTI opened at $292.96 on Friday. The firm has a market cap of $2.45 trillion, a PE ratio of 25.79 and a beta of 1.03. Vanguard Total Stock Market ETF has a 12 month low of $244.57 and a 12 month high of $303.39. The company’s 50-day moving average price is $296.10 and its two-hundred day moving average price is $289.55.

Vanguard Total Stock Market ETF Company 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.