Vanguard Total Stock Market ETF $VTI Shares Sold by Pitcairn Co.

Pitcairn Co. trimmed its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 14.1% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,177 shares of the company’s stock after selling 3,474 shares during the quarter. Vanguard Total Stock Market ETF accounts for approximately 0.5% of Pitcairn Co.’s portfolio, making the stock its 27th largest holding. Pitcairn Co.’s holdings in Vanguard Total Stock Market ETF were worth $6,950,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Evolution Wealth Management Inc. acquired a new position in Vanguard Total Stock Market ETF during the second quarter valued at approximately $29,000. Strategic Wealth Investment Group LLC purchased a new position in shares of Vanguard Total Stock Market ETF in the 2nd quarter valued at $33,000. Anfield Capital Management LLC purchased a new position in shares of Vanguard Total Stock Market ETF in the 2nd quarter valued at $45,000. Clear Investment Research LLC acquired a new position in shares of Vanguard Total Stock Market ETF during the 3rd quarter valued at $51,000. Finally, Glassy Mountain Advisors Inc. purchased a new stake in Vanguard Total Stock Market ETF during the 3rd quarter worth $57,000. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Trading Down 0.6%

Shares of NYSEARCA VTI opened at $336.00 on Friday. The stock has a fifty day moving average price of $339.50 and a 200 day moving average price of $332.54. Vanguard Total Stock Market ETF has a 12-month low of $236.42 and a 12-month high of $344.42. The company has a market cap of $572.17 billion, a P/E ratio of 24.26 and a beta of 1.02.

About Vanguard Total Stock Market ETF

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. The Fund typically holds the largest 1,200 to 1,300 stocks in its target index (covering nearly 95% of the index’s total market capitalization) and a representative sample of the remaining stocks.