Awesome squat. Georgia, stances are up to the individual. Some people will squat that wide and others will squat much narrower. Obviously the wider your stance the shorter the ROM of the movement but also the more pressure will be placed on the hips. Many of the equipped lifters I train with squat wide.
Georgia if your handle is also your location there are 2 PLing gyms (1 especially) I'd recommend you check out.
I squat just about that wide. I've got way more power out of the hole that way and I feel more stable. Each rep I perform is more consistent that when I squatted Oly style. Takes some getting used to but I adapted fast and love it. My 1RM shot up from 365 to 455 in about six months due to this change.
Part is personal preference and part is equipped vs. raw lifting.
Squatting wide lets you sit back more, which does 2 things.
1- it keeps your knees back, reducing stress on them. There are top guys who lift equipped with no knee wraps because they can sit far enough back to not put enough stress on their knees to need them.
2- It's a shorter range of motion that favors bigger muscle groups. The problem is that raw lifters would tear a groin trying to go ultra wide.... this is one way that equipment adds to the lift. In tight briefs or a suit I can squat super wide without my hips taking a beating.
Now, some equipped guys Do squat narrower ( guys like Yarmbash) and some go even wider ( Vogelpohl).... it's personal preference.