Beacon Financial Group Lowers Stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Beacon Financial Group reduced its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 0.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 32,965 shares of the company’s stock after selling 255 shares during the period. Vanguard Total Stock Market ETF accounts for approximately 1.0% of Beacon Financial Group’s investment portfolio, making the stock its 22nd biggest holding. Beacon Financial Group’s holdings in Vanguard Total Stock Market ETF were worth $9,553,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. AlphaMark Advisors LLC bought a new position in Vanguard Total Stock Market ETF in the 4th quarter worth $33,000. Colony Family Offices LLC purchased a new position in shares of Vanguard Total Stock Market ETF in the third quarter valued at about $35,000. Urban Financial Advisory Corp bought a new position in shares of Vanguard Total Stock Market ETF in the third quarter worth about $37,000. Wagner Wealth Management LLC bought a new position in shares of Vanguard Total Stock Market ETF in the fourth quarter worth about $44,000. Finally, Raleigh Capital Management Inc. grew its position in shares of Vanguard Total Stock Market ETF by 66.7% during the fourth quarter. Raleigh Capital Management Inc. now owns 255 shares of the company’s stock worth $74,000 after purchasing an additional 102 shares in the last quarter.

Vanguard Total Stock Market ETF Trading Down 0.1 %

Shares of VTI opened at $299.75 on Wednesday. Vanguard Total Stock Market ETF has a 12-month low of $243.35 and a 12-month high of $302.95. The company has a market capitalization of $449.63 billion, a PE ratio of 23.62 and a beta of 1.02. The business’s 50 day moving average is $296.38 and its 200 day moving average is $286.42.

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.