Vanguard Total Stock Market ETF $VTI Stake Reduced by Professional Financial Advisors LLC

Professional Financial Advisors LLC cut its position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 9.7% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 35,269 shares of the ETF’s stock after selling 3,784 shares during the period. Vanguard Total Stock Market ETF comprises 2.3% of Professional Financial Advisors LLC’s portfolio, making the stock its 6th biggest position. Professional Financial Advisors LLC’s holdings in Vanguard Total Stock Market ETF were worth $13,051,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in VTI. Core Wealth Advisors LLC purchased a new position in Vanguard Total Stock Market ETF during the 4th quarter valued at about $30,000. Wealth Watch Advisors INC purchased a new stake in shares of Vanguard Total Stock Market ETF in the 3rd quarter worth approximately $31,000. Hilton Head Capital Partners LLC bought a new position in shares of Vanguard Total Stock Market ETF during the fourth quarter valued at approximately $31,000. Basepoint Wealth LLC bought a new position in shares of Vanguard Total Stock Market ETF during the fourth quarter valued at approximately $32,000. Finally, Strategic Wealth Investment Group LLC purchased a new position in Vanguard Total Stock Market ETF during the second quarter valued at approximately $33,000. Institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Price Performance

Shares of NYSEARCA:VTI opened at $381.78 on Monday. The company has a market capitalization of $684.38 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 52 week low of $310.40 and a 52 week high of $383.29. The firm has a 50 day moving average of $368.96 and a 200 day moving average of $351.69.

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.