Sun Sep 15 15:17:56 UTC 2024: ## GHP Investment Advisors Increases Stake in Vanguard Total Stock Market ETF
**New York, NY** – GHP Investment Advisors Inc. boosted its holdings in the Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 2.3% during the second quarter, according to the firm’s latest 13F filing. The firm now owns 2,215 shares of the ETF, valued at $593,000. This move follows a trend of institutional investors showing interest in the ETF, which tracks the performance of the MSCI US Broad Market Index.
Other notable investors like Vanguard Group Inc., LPL Financial LLC, and Strategic Financial Concepts LLC also increased their holdings in VTI during recent quarters. Vanguard Group Inc., for instance, increased its stake by 10.3% in the first quarter, now owning 42,938,516 shares valued at $11,159,720,000.
VTI opened at $277.22 on Friday, with a market capitalization of $415.83 billion. The ETF has a PE ratio of 23.62 and a beta of 1.02, indicating its volatility relative to the broader market.
The Vanguard Total Stock Market ETF offers investors broad exposure to the U.S. stock market, providing a diversified and cost-effective way to invest in a wide range of companies. Its passive management approach aims to mirror the performance of the underlying index, providing investors with a low-cost way to gain access to the U.S. stock market.
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