Vanguard Total Stock Market ETF $VTI Stake Cut by NewEdge Advisors LLC

NewEdge Advisors LLC trimmed its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 25.1% during the first quarter, HoldingsChannel reports. The institutional investor owned 314,566 shares of the ETF’s stock after selling 105,582 shares during the period. Vanguard Total Stock Market ETF comprises approximately 2.0% of NewEdge Advisors LLC’s holdings, making the stock its 6th biggest holding. NewEdge Advisors LLC’s holdings in Vanguard Total Stock Market ETF were worth $100,916,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Core Wealth Advisors LLC bought a new stake in Vanguard Total Stock Market ETF during the 4th quarter worth approximately $30,000. Hilton Head Capital Partners LLC bought a new position in Vanguard Total Stock Market ETF in the 4th quarter valued at $31,000. Wealth Watch Advisors INC purchased a new position in shares of Vanguard Total Stock Market ETF during the 3rd quarter valued at $31,000. Basepoint Wealth LLC purchased a new position in shares of Vanguard Total Stock Market ETF during the 4th quarter valued at $32,000. Finally, Strategic Wealth Investment Group LLC bought a new position in shares of Vanguard Total Stock Market ETF in the second quarter worth $33,000. 28.92% of the stock is currently owned by institutional investors.

Vanguard Total Stock Market ETF Stock Performance

Shares of VTI stock opened at $360.42 on Thursday. Vanguard Total Stock Market ETF has a 52-week low of $304.40 and a 52-week high of $374.70. The company has a market capitalization of $646.09 billion, a PE ratio of 24.26 and a beta of 1.01. The business’s fifty day moving average is $368.00 and its 200 day moving average is $350.04.

Vanguard Total Stock Market ETF 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. 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.