Vestmark Advisory Solutions Inc. Lowers Stake in Vanguard Total Stock Market ETF $VTI

Vestmark Advisory Solutions Inc. decreased its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 47.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 673,514 shares of the company’s stock after selling 600,252 shares during the period. Vanguard Total Stock Market ETF comprises about 4.2% of Vestmark Advisory Solutions Inc.’s investment portfolio, making the stock its biggest holding. Vestmark Advisory Solutions Inc.’s holdings in Vanguard Total Stock Market ETF were worth $221,027,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Evolution Wealth Management Inc. purchased a new position in Vanguard Total Stock Market ETF in the 2nd quarter worth about $29,000. Strategic Wealth Investment Group LLC bought a new stake in shares of Vanguard Total Stock Market ETF in the second quarter worth approximately $33,000. Anfield Capital Management LLC purchased a new position in shares of Vanguard Total Stock Market ETF during the second quarter valued at approximately $45,000. Clear Investment Research LLC bought a new position in Vanguard Total Stock Market ETF during the third quarter valued at approximately $51,000. Finally, Glassy Mountain Advisors Inc. bought a new position in Vanguard Total Stock Market ETF during the third quarter valued at approximately $57,000. 28.92% of the stock is owned by institutional investors.

Vanguard Total Stock Market ETF Trading Up 0.6%

Shares of VTI stock opened at $340.27 on Friday. Vanguard Total Stock Market ETF has a 12-month low of $236.42 and a 12-month high of $344.42. The stock has a market capitalization of $579.44 billion, a P/E ratio of 24.26 and a beta of 1.02. The firm’s 50 day moving average is $339.11 and its 200 day moving average is $331.15.

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.