Elmwood Wealth Management Inc. Sells 197 Shares of Vanguard Total Stock Market ETF $VTI

Elmwood Wealth Management Inc. reduced its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 7.5% during the second quarter, Holdings Channel.com reports. The fund owned 2,439 shares of the company’s stock after selling 197 shares during the quarter. Elmwood Wealth Management Inc.’s holdings in Vanguard Total Stock Market ETF were worth $741,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Wealth Preservation Advisors LLC bought a new position in Vanguard Total Stock Market ETF in the 1st quarter worth about $26,000. Toth Financial Advisory Corp bought a new position in Vanguard Total Stock Market ETF in the 2nd quarter worth about $27,000. MJT & Associates Financial Advisory Group Inc. increased its stake in Vanguard Total Stock Market ETF by 165.7% in the 2nd quarter. MJT & Associates Financial Advisory Group Inc. now owns 93 shares of the company’s stock worth $28,000 after acquiring an additional 58 shares during the last quarter. Citizens National Bank Trust Department bought a new position in Vanguard Total Stock Market ETF in the 1st quarter worth about $34,000. Finally, Knuff & Co LLC bought a new position in Vanguard Total Stock Market ETF in the 1st quarter worth about $37,000. 28.92% of the stock is currently owned by institutional investors.

Vanguard Total Stock Market ETF Stock Up 1.6%

Shares of NYSEARCA VTI opened at $326.93 on Tuesday. The stock’s 50-day simple moving average is $321.63 and its two-hundred day simple moving average is $299.76. Vanguard Total Stock Market ETF has a twelve month low of $236.42 and a twelve month high of $332.20. The firm has a market capitalization of $545.22 billion, a P/E ratio of 24.26 and a beta of 1.02.

Vanguard Total Stock Market ETF 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.