Flavin Financial Services Inc. Reduces Holdings in Vanguard Total Stock Market ETF $VTI

Flavin Financial Services Inc. lessened its position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 22.6% during the second quarter, Holdings Channel reports. The institutional investor owned 2,102 shares of the company’s stock after selling 614 shares during the quarter. Flavin Financial Services Inc.’s holdings in Vanguard Total Stock Market ETF were worth $639,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Toth Financial Advisory Corp purchased a new stake in Vanguard Total Stock Market ETF during the 2nd quarter worth about $27,000. MJT & Associates Financial Advisory Group Inc. lifted its holdings in Vanguard Total Stock Market ETF by 165.7% during the 2nd quarter. MJT & Associates Financial Advisory Group Inc. now owns 93 shares of the company’s stock worth $28,000 after purchasing an additional 58 shares in the last quarter. Wealth Preservation Advisors LLC purchased a new stake in Vanguard Total Stock Market ETF during the 1st quarter worth about $26,000. Citizens National Bank Trust Department purchased a new stake in Vanguard Total Stock Market ETF during the 1st quarter worth about $34,000. Finally, HFM Investment Advisors LLC purchased a new stake in Vanguard Total Stock Market ETF during the 1st quarter worth about $37,000. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

Shares of VTI opened at $327.30 on Friday. The stock’s 50-day simple moving average is $322.91 and its 200 day simple moving average is $301.01. The stock has a market capitalization of $545.83 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02. Vanguard Total Stock Market ETF has a 52-week low of $236.42 and a 52-week high of $332.20.

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.