American Asset Management Inc. Takes Position in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

American Asset Management Inc. bought a new stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 1,562 shares of the company’s stock, valued at approximately $453,000. Vanguard Total Stock Market ETF makes up approximately 0.5% of American Asset Management Inc.’s portfolio, making the stock its 16th biggest holding.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Channel Wealth LLC raised its position in Vanguard Total Stock Market ETF by 1.2% in the 4th quarter. Channel Wealth LLC now owns 2,944 shares of the company’s stock worth $853,000 after purchasing an additional 35 shares during the period. Grove Bank & Trust raised its position in Vanguard Total Stock Market ETF by 0.8% in the 4th quarter. Grove Bank & Trust now owns 4,581 shares of the company’s stock worth $1,328,000 after purchasing an additional 35 shares during the period. Yoder Wealth Management Inc. raised its position in Vanguard Total Stock Market ETF by 0.9% in the 3rd quarter. Yoder Wealth Management Inc. now owns 4,261 shares of the company’s stock worth $1,207,000 after purchasing an additional 36 shares during the period. FARMERS & MERCHANTS TRUST Co OF LONG BEACH raised its position in Vanguard Total Stock Market ETF by 0.6% in the 4th quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 6,541 shares of the company’s stock worth $1,896,000 after purchasing an additional 36 shares during the period. Finally, GoalFusion Wealth Management LLC raised its position in Vanguard Total Stock Market ETF by 3.3% in the 3rd quarter. GoalFusion Wealth Management LLC now owns 1,164 shares of the company’s stock worth $330,000 after purchasing an additional 37 shares during the period.

Vanguard Total Stock Market ETF Price Performance

Vanguard Total Stock Market ETF stock opened at $296.20 on Tuesday. Vanguard Total Stock Market ETF has a 1-year low of $234.62 and a 1-year high of $302.95. The firm has a market capitalization of $444.30 billion, a P/E ratio of 23.62 and a beta of 1.02. The company’s 50-day moving average is $295.38 and its 200 day moving average is $283.47.

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.