Beacon Investment Advisory Services Inc. Reduces Position in Vanguard Total Stock Market ETF $VTI

Beacon Investment Advisory Services Inc. reduced its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 1.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 530,893 shares of the ETF’s stock after selling 5,296 shares during the period. Vanguard Total Stock Market ETF makes up 7.3% of Beacon Investment Advisory Services Inc.’s portfolio, making the stock its biggest position. Beacon Investment Advisory Services Inc.’s holdings in Vanguard Total Stock Market ETF were worth $196,451,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. boosted its stake in Vanguard Total Stock Market ETF by 3.8% in the 4th quarter. Vanguard Group Inc. now owns 62,622,049 shares of the ETF’s stock worth $20,995,293,000 after purchasing an additional 2,291,938 shares in the last quarter. Wealthfront Advisers LLC increased its stake in Vanguard Total Stock Market ETF by 0.9% during the 4th quarter. Wealthfront Advisers LLC now owns 18,025,283 shares of the ETF’s stock valued at $6,043,337,000 after purchasing an additional 163,272 shares in the last quarter. Bank of America Corp DE raised its holdings in Vanguard Total Stock Market ETF by 0.7% in the first quarter. Bank of America Corp DE now owns 14,287,409 shares of the ETF’s stock worth $4,583,544,000 after buying an additional 102,161 shares during the last quarter. LPL Financial LLC lifted its stake in shares of Vanguard Total Stock Market ETF by 2.0% in the fourth quarter. LPL Financial LLC now owns 14,079,780 shares of the ETF’s stock worth $4,720,528,000 after buying an additional 277,939 shares in the last quarter. Finally, WealthNavi Inc. lifted its stake in shares of Vanguard Total Stock Market ETF by 4.4% in the first quarter. WealthNavi Inc. now owns 12,935,073 shares of the ETF’s stock worth $4,149,701,000 after buying an additional 540,294 shares in the last quarter. 28.92% of the stock is currently owned by institutional investors.

Vanguard Total Stock Market ETF Stock Up 0.7%

NYSEARCA:VTI opened at $381.78 on Friday. The stock has a market cap of $684.38 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. The company’s 50 day moving average price is $368.96 and its 200-day moving average price is $351.62. Vanguard Total Stock Market ETF has a 52 week low of $310.40 and a 52 week high of $383.29.

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.