Sheets Smith Wealth Management Cuts Stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Sheets Smith Wealth Management lowered its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 2.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 5,185 shares of the company’s stock after selling 153 shares during the quarter. Sheets Smith Wealth Management’s holdings in Vanguard Total Stock Market ETF were worth $1,230,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of VTI. First Command Advisory Services Inc. lifted its position in Vanguard Total Stock Market ETF by 0.7% in the fourth quarter. First Command Advisory Services Inc. now owns 5,856 shares of the company’s stock valued at $1,389,000 after purchasing an additional 42 shares during the last quarter. Riverbridge Partners LLC grew its holdings in shares of Vanguard Total Stock Market ETF by 2.3% during the fourth quarter. Riverbridge Partners LLC now owns 1,943 shares of the company’s stock valued at $461,000 after buying an additional 44 shares during the last quarter. Sanders Morris Harris LLC grew its stake in shares of Vanguard Total Stock Market ETF by 0.3% in the fourth quarter. Sanders Morris Harris LLC now owns 15,666 shares of the company’s stock worth $3,699,000 after acquiring an additional 48 shares during the period. Advanced Research Investment Solutions LLC grew its position in Vanguard Total Stock Market ETF by 0.3% during the third quarter. Advanced Research Investment Solutions LLC now owns 16,154 shares of the company’s stock valued at $3,431,000 after buying an additional 49 shares during the period. Finally, Appleton Partners Inc. MA boosted its position in shares of Vanguard Total Stock Market ETF by 2.0% in the fourth quarter. Appleton Partners Inc. MA now owns 2,488 shares of the company’s stock worth $590,000 after purchasing an additional 49 shares during the period.

Vanguard Total Stock Market ETF Stock Performance

Shares of VTI traded up $2.08 during mid-day trading on Monday, hitting $255.61. 2,147,932 shares of the stock were exchanged, compared to its average volume of 3,214,690. The company has a market cap of $383.42 billion, a PE ratio of 23.62 and a beta of 1.02. Vanguard Total Stock Market ETF has a 52-week low of $202.44 and a 52-week high of $261.07. The firm has a 50-day moving average of $254.01 and a two-hundred day moving average of $239.42.

Vanguard Total Stock Market ETF Company Profile

Vanguard Total Stock Market ETF (the Fund) is an exchange-traded share class of Vanguard Total Stock Market Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the of the MSCI US Broad Market Index, which represents 99.5% or more of the total market capitalization of all of the United States common stocks traded on the New York and American Stock Exchanges and the Nasdaq over-the-counter market.