Drive Wealth Management LLC Decreases Stock Holdings in Vanguard Total Stock Market ETF $VTI

Drive Wealth Management LLC reduced its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 1.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,257 shares of the company’s stock after selling 240 shares during the quarter. Vanguard Total Stock Market ETF makes up 0.8% of Drive Wealth Management LLC’s holdings, making the stock its 24th largest position. Drive Wealth Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $3,736,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently made changes to their positions in the stock. Kingstone Capital Partners Texas LLC raised its stake in Vanguard Total Stock Market ETF by 537,754.2% in the second quarter. Kingstone Capital Partners Texas LLC now owns 8,659,452 shares of the company’s stock valued at $2,631,867,000 after buying an additional 8,657,842 shares during the last quarter. Vanguard Group Inc. raised its stake in Vanguard Total Stock Market ETF by 4.1% in the first quarter. Vanguard Group Inc. now owns 55,916,401 shares of the company’s stock valued at $15,368,063,000 after buying an additional 2,195,553 shares during the last quarter. Royal Bank of Canada raised its stake in Vanguard Total Stock Market ETF by 59.7% in the first quarter. Royal Bank of Canada now owns 4,370,813 shares of the company’s stock valued at $1,201,273,000 after buying an additional 1,634,211 shares during the last quarter. Mullooly Asset Management Inc. purchased a new stake in Vanguard Total Stock Market ETF in the first quarter valued at about $417,842,000. Finally, Wealthspire Advisors LLC raised its stake in Vanguard Total Stock Market ETF by 97.7% in the first quarter. Wealthspire Advisors LLC now owns 2,266,924 shares of the company’s stock valued at $623,041,000 after buying an additional 1,120,527 shares during the last quarter. 28.92% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Stock Performance

Vanguard Total Stock Market ETF stock opened at $327.30 on Monday. The stock has a 50-day moving average of $322.91 and a two-hundred day moving average of $301.27. Vanguard Total Stock Market ETF has a one year low of $236.42 and a one year high of $332.20. The stock has a market cap of $545.83 billion, a PE ratio of 24.26 and a beta of 1.02.

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.