|Expense Ratio (net)||0.03%|
|Last Cap Gain||0.00|
|Morningstar Risk Rating||Average|
|Beta (3Y Monthly)||1.00|
|5y Average Return||N/A|
|Average for Category||N/A|
|Inception Date||Jul 31, 1990|
Apple Inc. ( AAPL) is one of the largest technology companies in the world and the first U.S. company to reach a market valuation of $1 trillion. The Vanguard Total Stock Market Index Fund is known on Wall Street as a one-stop shop for a wide variety of small and large cap stocks. While the composition of VTSMX is not much different from S&P 500 ETFs, its investment in many small-cap stocks has kept it above others for several years. Approximately 20.1% of the fund's assets are invested in technology stocks, with Apple being the largest of its assets. As of November 2018, the fund owns more than 110.5 million shares of Apple, amounting to 2.29% of the company's outstanding stock. Apple shares account for 3.28% of the fund's $756.6 billion portfolio.
As of 2018, approximately 73% of Pfizer's 5.9 billion outstanding shares are owned by mutual funds and institutional investors. Pfizer is a leading pharmaceuticals company in the healthcare industry.
Learn about the five biggest mutual fund holders of McDonald's shares, and learn how their investment portfolios could help your performance.
By understanding these differences, investors can weigh the tax and ownership effects more easily and maximize the benefits of stock-based cash flows. Dividends stand out as the most common form of cash payout for C Corporations, the type of company that trades on the major exchanges. In fact, many investors who buy into C-Corporations care little about stock price increases.
The largest mutual fund holder, Vanguard Total Stock Market Index Fund ("VTSMX"), owns 181 million shares of AT&T which accounts for 2.48% of total shares held as of June 29, 2018. This mutual fund was created in 1992 and is designed to give broad exposure to the total US.
Investors cut risk in June 2018 as long-term U.S. open-end funds and ETFs had their greatest outflows since August 2015. While the bulk of outflows came from U.S. equity funds, which lost $20.8 billion to redemptions, they were hardly alone.