Archer Investment Corp Acquires 464 Shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Archer Investment Corp lifted its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 4.9% during the third quarter, HoldingsChannel reports. The firm owned 9,981 shares of the company’s stock after purchasing an additional 464 shares during the period. Vanguard Total Stock Market ETF comprises 0.8% of Archer Investment Corp’s investment portfolio, making the stock its 29th biggest position. Archer Investment Corp’s holdings in Vanguard Total Stock Market ETF were worth $2,826,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. increased its stake in Vanguard Total Stock Market ETF by 10.3% during the first quarter. Vanguard Group Inc. now owns 42,938,516 shares of the company’s stock valued at $11,159,720,000 after acquiring an additional 4,024,631 shares during the period. LPL Financial LLC boosted its holdings in Vanguard Total Stock Market ETF by 2.0% during the second quarter. LPL Financial LLC now owns 12,752,241 shares of the company’s stock valued at $3,411,352,000 after purchasing an additional 243,976 shares in the last quarter. WealthNavi Inc. boosted its holdings in shares of Vanguard Total Stock Market ETF by 3.4% in the 3rd quarter. WealthNavi Inc. now owns 11,372,065 shares of the company’s stock worth $3,220,114,000 after acquiring an additional 377,631 shares in the last quarter. Strategic Financial Concepts LLC raised its position in Vanguard Total Stock Market ETF by 29,053.4% in the 2nd 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 last quarter. Finally, Allworth Financial LP raised its position in Vanguard Total Stock Market ETF by 1.6% in the 3rd 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 last quarter.

Vanguard Total Stock Market ETF Stock Down 0.6 %

VTI stock traded down $1.79 during trading on Friday, hitting $292.25. The company had a trading volume of 326,581 shares, compared to its average volume of 2,988,277. The firm has a 50-day moving average price of $283.90 and a 200-day moving average price of $272.62. Vanguard Total Stock Market ETF has a 12 month low of $221.60 and a 12 month high of $298.12. The stock has a market cap of $438.38 billion, a price-to-earnings 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.