Vanguard Total Stock Market ETF $VTI Stake Lowered by LM Advisors LLC

LM Advisors LLC reduced its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 66.5% during the fourth quarter, HoldingsChannel reports. The fund owned 11,707 shares of the company’s stock after selling 23,211 shares during the period. Vanguard Total Stock Market ETF comprises approximately 2.3% of LM Advisors LLC’s holdings, making the stock its 8th largest position. LM Advisors LLC’s holdings in Vanguard Total Stock Market ETF were worth $3,925,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Mercer Global Advisors Inc. ADV lifted its holdings in shares of Vanguard Total Stock Market ETF by 208.2% during the third quarter. Mercer Global Advisors Inc. ADV now owns 1,997,096 shares of the company’s stock valued at $655,190,000 after purchasing an additional 3,842,502 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Vanguard Total Stock Market ETF by 3.8% during the fourth quarter. Vanguard Group Inc. now owns 62,622,049 shares of the company’s stock valued at $20,995,293,000 after purchasing an additional 2,291,938 shares in the last quarter. SBI Okasan Asset Management Co.Ltd. bought a new position in shares of Vanguard Total Stock Market ETF during the fourth quarter valued at $715,235,000. Corient Private Wealth LLC lifted its holdings in shares of Vanguard Total Stock Market ETF by 122.5% during the second quarter. Corient Private Wealth LLC now owns 2,520,364 shares of the company’s stock valued at $766,014,000 after purchasing an additional 1,387,750 shares in the last quarter. Finally, Cambridge Associates LLC MA ADV lifted its holdings in shares of Vanguard Total Stock Market ETF by 155.1% during the third quarter. Cambridge Associates LLC MA ADV now owns 1,694,819 shares of the company’s stock valued at $556,189,000 after purchasing an additional 1,030,501 shares in the last quarter. 28.92% of the stock is owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Price Performance

Shares of NYSEARCA:VTI opened at $366.36 on Friday. The company has a market cap of $640.11 billion, a P/E ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 1 year low of $291.97 and a 1 year high of $374.70. The stock’s fifty day moving average price is $355.77 and its 200-day moving average price is $342.68.

Vanguard Total Stock Market ETF Company 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.