First National Bank & Trust Co. of Newtown lessened its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI – Free Report) by 19.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 347,721 shares of the company’s stock after selling 83,626 shares during the quarter. Vanguard Total Stock Market ETF makes up about 24.1% of First National Bank & Trust Co. of Newtown’s portfolio, making the stock its biggest position. First National Bank & Trust Co. of Newtown’s holdings in Vanguard Total Stock Market ETF were worth $111,549,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of VTI. Cardinal Point Capital Management ULC increased its stake in shares of Vanguard Total Stock Market ETF by 5.2% during the 1st quarter. Cardinal Point Capital Management ULC now owns 611,956 shares of the company’s stock worth $196,322,000 after purchasing an additional 30,152 shares during the last quarter. Ervin Investment Management LLC lifted its stake in Vanguard Total Stock Market ETF by 121.5% in the 4th quarter. Ervin Investment Management LLC now owns 3,668 shares of the company’s stock valued at $1,230,000 after purchasing an additional 2,012 shares during the last quarter. Serenus Wealth Advisors LLC grew its holdings in Vanguard Total Stock Market ETF by 31.7% during the fourth quarter. Serenus Wealth Advisors LLC now owns 33,831 shares of the company’s stock worth $11,343,000 after purchasing an additional 8,144 shares during the period. Rolek Wealth Management LLC grew its holdings in Vanguard Total Stock Market ETF by 7.5% during the fourth quarter. Rolek Wealth Management LLC now owns 25,652 shares of the company’s stock worth $8,600,000 after purchasing an additional 1,799 shares during the period. Finally, Diversified Management Inc. acquired a new position in Vanguard Total Stock Market ETF during the fourth quarter worth approximately $5,067,000. Institutional investors and hedge funds own 28.92% of the company’s stock.
Vanguard Total Stock Market ETF Stock Up 0.9%
NYSEARCA:VTI opened at $371.45 on Friday. The stock’s 50 day moving average price is $366.10 and its two-hundred day moving average price is $347.15. The firm has a market capitalization of $665.86 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 12-month low of $304.00 and a 12-month high of $374.70.
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.
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