Galvin Gaustad & Stein LLC Has $1.66 Million Position in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Galvin Gaustad & Stein LLC trimmed its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 2.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,047 shares of the company’s stock after selling 150 shares during the quarter. Galvin Gaustad & Stein LLC’s holdings in Vanguard Total Stock Market ETF were worth $1,662,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Heck Capital Advisors LLC bought a new position in Vanguard Total Stock Market ETF in the fourth quarter valued at about $150,448,000. Brown Brothers Harriman & Co. increased its stake in shares of Vanguard Total Stock Market ETF by 0.4% in the fourth quarter. Brown Brothers Harriman & Co. now owns 7,853 shares of the company’s stock valued at $2,276,000 after buying an additional 35 shares during the period. Stage Harbor Financial LLC raised its holdings in Vanguard Total Stock Market ETF by 93.3% in the 4th quarter. Stage Harbor Financial LLC now owns 1,510 shares of the company’s stock valued at $438,000 after buying an additional 729 shares during the last quarter. IPG Investment Advisors LLC bought a new position in Vanguard Total Stock Market ETF in the 4th quarter valued at approximately $286,000. Finally, CIBC Private Wealth Group LLC boosted its position in Vanguard Total Stock Market ETF by 0.3% during the 4th quarter. CIBC Private Wealth Group LLC now owns 346,867 shares of the company’s stock worth $101,174,000 after buying an additional 1,069 shares during the period. Institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Price Performance

VTI opened at $313.69 on Monday. Vanguard Total Stock Market ETF has a fifty-two week low of $236.42 and a fifty-two week high of $313.93. The company’s 50 day moving average price is $299.30 and its two-hundred day moving average price is $288.21. The firm has a market capitalization of $516.44 billion, a price-to-earnings 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.