ARS Wealth Advisors Group LLC Cuts Holdings in Vanguard Total Stock Market ETF $VTI

ARS Wealth Advisors Group LLC lessened its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 1.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,956 shares of the company’s stock after selling 40 shares during the period. ARS Wealth Advisors Group LLC’s holdings in Vanguard Total Stock Market ETF were worth $1,202,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in VTI. Wealth Preservation Advisors LLC bought a new position in Vanguard Total Stock Market ETF in the 1st quarter worth $26,000. Citizens National Bank Trust Department purchased a new stake in Vanguard Total Stock Market ETF during the 1st quarter valued at about $34,000. Knuff & Co LLC bought a new stake in shares of Vanguard Total Stock Market ETF in the first quarter worth approximately $37,000. HFM Investment Advisors LLC purchased a new position in shares of Vanguard Total Stock Market ETF during the first quarter valued at approximately $37,000. Finally, Pinney & Scofield Inc. purchased a new position in shares of Vanguard Total Stock Market ETF during the fourth quarter valued at approximately $41,000. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Trading Up 0.6%

VTI opened at $327.21 on Friday. The company has a market cap of $536.37 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02. The company’s 50 day moving average is $315.39 and its 200 day moving average is $293.71. Vanguard Total Stock Market ETF has a 12-month low of $236.42 and a 12-month high of $328.27.

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.