Sax Wealth Advisors LLC Sells 22,008 Shares of Vanguard Total Stock Market ETF $VTI

Sax Wealth Advisors LLC cut its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 20.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 87,527 shares of the ETF’s stock after selling 22,008 shares during the quarter. Vanguard Total Stock Market ETF makes up about 0.9% of Sax Wealth Advisors LLC’s portfolio, making the stock its 21st largest position. Sax Wealth Advisors LLC’s holdings in Vanguard Total Stock Market ETF were worth $32,756,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of America Corp DE increased its stake in Vanguard Total Stock Market ETF by 0.7% during the 1st quarter. Bank of America Corp DE now owns 14,287,409 shares of the ETF’s stock valued at $4,583,544,000 after purchasing an additional 102,161 shares in the last quarter. WealthNavi Inc. grew its holdings in Vanguard Total Stock Market ETF by 4.4% during the first quarter. WealthNavi Inc. now owns 12,935,073 shares of the ETF’s stock worth $4,149,701,000 after buying an additional 540,294 shares in the last quarter. Auto Owners Insurance Co lifted its stake in Vanguard Total Stock Market ETF by 58,332.8% during the 4th quarter. Auto Owners Insurance Co now owns 12,270,882 shares of the ETF’s stock valued at $4,114,059,000 after acquiring an additional 12,249,882 shares in the last quarter. HB Wealth Management LLC grew its stake in shares of Vanguard Total Stock Market ETF by 0.4% in the 2nd quarter. HB Wealth Management LLC now owns 8,759,071 shares of the ETF’s stock worth $3,089,725,000 after acquiring an additional 32,666 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in shares of Vanguard Total Stock Market ETF by 1.7% in the second quarter. Envestnet Asset Management Inc. now owns 6,136,001 shares of the ETF’s stock valued at $2,270,566,000 after purchasing an additional 104,980 shares during the last quarter. Institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Price Performance

Shares of NYSEARCA VTI traded down $0.63 during midday trading on Tuesday, reaching $380.94. The company’s stock had a trading volume of 1,254,082 shares, compared to its average volume of 4,331,543. The stock has a market capitalization of $701.61 billion, a P/E ratio of 24.26 and a beta of 1.01. The firm has a 50 day moving average price of $378.60 and a 200-day moving average price of $365.39. Vanguard Total Stock Market ETF has a 12-month low of $310.40 and a 12-month high of $385.12.

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.