Pinnacle Wealth Management Advisory Group LLC Has $57.80 Million Stock Position in Vanguard Total Stock Market ETF $VTI

Pinnacle Wealth Management Advisory Group LLC lessened its holdings in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI – Free Report) by 1.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 172,387 shares of the company’s stock after selling 2,452 shares during the quarter. Vanguard Total Stock Market ETF comprises approximately 4.0% of Pinnacle Wealth Management Advisory Group LLC’s portfolio, making the stock its 2nd biggest holding. Pinnacle Wealth Management Advisory Group LLC’s holdings in Vanguard Total Stock Market ETF were worth $57,796,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wealth Watch Advisors INC bought a new position in Vanguard Total Stock Market ETF during the third quarter worth about $31,000. Torren Management LLC purchased a new stake in shares of Vanguard Total Stock Market ETF in the fourth quarter worth about $36,000. Strategic Wealth Investment Group LLC purchased a new stake in shares of Vanguard Total Stock Market ETF in the second quarter worth about $33,000. Evolution Wealth Management Inc. lifted its holdings in shares of Vanguard Total Stock Market ETF by 48.4% in the third quarter. Evolution Wealth Management Inc. now owns 141 shares of the company’s stock worth $46,000 after buying an additional 46 shares in the last quarter. Finally, KERR FINANCIAL PLANNING Corp purchased a new stake in shares of Vanguard Total Stock Market ETF in the third quarter worth about $50,000. Institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

Shares of Vanguard Total Stock Market ETF stock opened at $355.29 on Monday. Vanguard Total Stock Market ETF has a 12-month low of $273.58 and a 12-month high of $357.15. The company has a market cap of $620.77 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. The company’s 50-day moving average price is $334.99 and its 200-day moving average price is $335.67.

About Vanguard Total Stock Market ETF

(Free Report)

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. The Fund typically holds the largest 1,200 to 1,300 stocks in its target index (covering nearly 95% of the index’s total market capitalization) and a representative sample of the remaining stocks.

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