Cornerstone Management Inc. Sells 700 Shares of Vanguard Total Stock Market ETF $VTI

Cornerstone Management Inc. lowered its holdings in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 1.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 51,402 shares of the company’s stock after selling 700 shares during the quarter. Vanguard Total Stock Market ETF accounts for about 2.7% of Cornerstone Management Inc.’s portfolio, making the stock its 9th biggest position. Cornerstone Management Inc.’s holdings in Vanguard Total Stock Market ETF were worth $15,623,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Vanguard Group Inc. raised its position in shares of Vanguard Total Stock Market ETF by 4.1% during the first quarter. Vanguard Group Inc. now owns 55,916,401 shares of the company’s stock worth $15,368,063,000 after purchasing an additional 2,195,553 shares during the period. Wealthfront Advisers LLC boosted its position in shares of Vanguard Total Stock Market ETF by 2.2% during the first quarter. Wealthfront Advisers LLC now owns 15,971,439 shares of the company’s stock worth $4,389,590,000 after buying an additional 344,795 shares during the period. LPL Financial LLC boosted its position in shares of Vanguard Total Stock Market ETF by 0.7% during the first quarter. LPL Financial LLC now owns 12,996,720 shares of the company’s stock worth $3,572,018,000 after buying an additional 90,381 shares during the period. WealthNavi Inc. boosted its position in shares of Vanguard Total Stock Market ETF by 7.8% during the second quarter. WealthNavi Inc. now owns 12,352,859 shares of the company’s stock worth $3,754,404,000 after buying an additional 895,647 shares during the period. Finally, Northern Trust Corp boosted its position in shares of Vanguard Total Stock Market ETF by 4.0% during the first quarter. Northern Trust Corp now owns 9,763,667 shares of the company’s stock worth $2,683,446,000 after buying an additional 378,147 shares during the period. Institutional investors and hedge funds own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Price Performance

VTI stock opened at $331.01 on Friday. The stock has a market capitalization of $552.02 billion, a P/E ratio of 24.26 and a beta of 1.02. The business has a 50-day moving average of $324.08 and a 200-day moving average of $302.81. Vanguard Total Stock Market ETF has a fifty-two week low of $236.42 and a fifty-two week high of $332.20.

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.