Paragon Capital Management Inc. Sells 1,727 Shares of Vanguard Total Stock Market ETF $VTI

Paragon Capital Management Inc. trimmed its position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 21.4% in the 1st quarter, Holdings Channel.com reports. The firm owned 6,355 shares of the company’s stock after selling 1,727 shares during the period. Vanguard Total Stock Market ETF comprises approximately 1.7% of Paragon Capital Management Inc.’s portfolio, making the stock its 10th biggest holding. Paragon Capital Management Inc.’s holdings in Vanguard Total Stock Market ETF were worth $2,039,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Auto Owners Insurance Co grew its position in Vanguard Total Stock Market ETF by 58,332.8% during the fourth quarter. Auto Owners Insurance Co now owns 12,270,882 shares of the company’s stock valued at $4,114,059,000 after buying an additional 12,249,882 shares during the period. Align Financial LLC acquired a new position in shares of Vanguard Total Stock Market ETF in the fourth quarter worth about $210,276,000. Mercer Global Advisors Inc. ADV raised its position in shares of Vanguard Total Stock Market ETF by 208.2% in the third quarter. Mercer Global Advisors Inc. ADV now owns 1,997,096 shares of the company’s stock worth $655,190,000 after acquiring an additional 3,842,502 shares during the period. Vanguard Group Inc. boosted its stake in shares of Vanguard Total Stock Market ETF by 3.8% during the 4th quarter. Vanguard Group Inc. now owns 62,622,049 shares of the company’s stock worth $20,995,293,000 after acquiring an additional 2,291,938 shares in the last quarter. Finally, SBI Okasan Asset Management Co.Ltd. purchased a new stake in shares of Vanguard Total Stock Market ETF during the 4th quarter worth about $715,235,000. 28.92% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Stock Down 0.3%

NYSEARCA:VTI opened at $368.81 on Tuesday. Vanguard Total Stock Market ETF has a 52 week low of $291.97 and a 52 week high of $374.70. The stock has a market capitalization of $644.39 billion, a PE ratio of 24.26 and a beta of 1.01. The stock’s 50-day moving average price is $360.78 and its 200-day moving average price is $344.26.

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.