Vanguard Total Stock Market Index Fund filed on Tuesday a NPORT-P form disclosing ownership of 958,351 shares of Mullen Automotive by the end of the first quarter. The fund had closed 2021 owning 117,454 shares (as filed on March 1st) which represents an increase of 715,94 percent quarter over quarter.
On the last day of Q1 2022, Mullen shares closed at $2.98 per share meaning that Vanguard holdings were valuing a total of $2,855,885. Although, with the recent decline on the share price since then, the 958,351 shares are now valued at $1.34 million.
In addition, also Vanguard’s Extended Market Index Fund added Mullen shares during the first quarter. VEXMX reported on Tuesday that closed Q1 2022 owning 122,021 shares of Mullen with holdings valuing $363,622 based on the $2.97 closing price on the last day of the quarter. The Fund had disclosed owning 68,493 shares by the end of 2021, which represents an increase of 78.15 percent.
Vanguard Total Stock Market Index Fund Top 10 Holdings
|Facebook Inc Class A||1.88%|
|Alphabet Inc Class A||1.66%|
|Alphabet Inc Class C||1.56%|
|Berkshire Hathaway Inc Class B||1.09%|
|JPMorgan Chase & Co||1.06%|
As of May 31, Mullen Automotive has 86 institutional owners and shareholders holding a total of 7,701,314 shares. Largest shareholders include Jane Street Group, Citadel Advisors, Susquehanna International Group, Vanguard Group Inc, and VTSMX – Vanguard Total Stock Market Index Fund Investor Shares
On Tuesday, Mullen Automotive shares closed 44.90% higher at $1.40 per share after the announcement of its solid-state polymer battery testing results by Battery Innovation Center (BIC). A couple hours later, Risk On Live podcast host Todd Ault announced that Mullen‘s CEO David Michery will be interviewed on Wednesday’s episode at 1 PM Pacific time.