Syntrinsic LLC Increases Investment in Vanguard Total Stock Market ETF

Syntrinsic LLC has recently expanded its investment in the Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 6.8% during the third quarter of the year. This information was disclosed in the company's latest Form 13F filing with the Securities and Exchange Commission. Post-increase, Syntrinsic LLC now holds a total of 6,040 shares of the ETF after acquiring an additional 386 shares during this period.

As of the end of the third quarter, the Vanguard Total Stock Market ETF represents approximately 0.6% of Syntrinsic LLC's overall investment portfolio, making it the 18th largest position in their holdings. The total value of Syntrinsic LLC's investment in Vanguard Total Stock Market ETF amounts to around $1,710,000.

Apart from Syntrinsic LLC, other institutional investors have also been active in trading shares of the Vanguard Total Stock Market ETF. For instance, GoalFusion Wealth Management LLC increased its holdings by 3.3% during the same quarter. They now possess 1,164 shares valued at $330,000 after acquiring 37 additional shares. Cypress Wealth Services LLC also upped its investment by 2.9% in the previous quarter, raising its ownership to 1,344 shares, which are valued at $360,000 following the recent purchase of 38 more shares.

Similarly, Riverstone Advisors LLC boosted its position by 1.5% in the second quarter, now holding 2,615 shares worth $700,000 after acquiring 38 shares. Smithbridge Asset Management Inc. DE raised its stake by 0.8% during the first quarter, now owning 4,826 shares valued at $1,254,000 after an additional purchase of 40 shares. Additionally, SOA Wealth Advisors LLC increased its investments by 2.1%, bringing its holdings to 1,970 shares valued at $527,000 after recent additions.

Vanguard Total Stock Market ETF Performance

The Vanguard Total Stock Market ETF has seen an uptick, with shares trading up by 0.7%. As of the latest trading session, shares opened at $284.50. The ETF has a significant market capitalization of $426.75 billion and a price-to-earnings (PE) ratio of 23.62, indicating moderate growth expectations. The beta of the fund stands at 1.02, suggesting that its shares have a slight tendency to move with the market.

Analyzing the price movements, the ETF has a 50-day moving average of $274.12 and a 200-day moving average of $266.35. Over the last year, the Vanguard Total Stock Market ETF has recorded a low of $202.44 and a high of $284.74, showcasing its volatility in the stock market.

Understanding Vanguard Total Stock Market ETF

The Vanguard Total Stock Market ETF is an exchange-traded fund that operates under a passive management strategy. It aims to track the performance of the MSCI US Broad Market Index, which encompasses a comprehensive range of stocks that represent more than 99.5% of the total market capitalization of all publicly traded common stocks in the United States. This makes it an attractive option for investors looking to diversify their portfolios across the broader U.S. stock market.

Conclusion

In conclusion, Syntrinsic LLC's recent increase in shares of the Vanguard Total Stock Market ETF highlights the continued interest from institutional investors in this popular investment vehicle. As the stock experiences steady growth, its broad market exposure and investment strategy position it well within the context of the overall economic landscape.

Syntrinsic, Vanguard, Investment