NewEdge Advisors LLC Sells 105,582 Shares of Vanguard Total Stock Market ETF $VTI

NewEdge Advisors LLC reduced its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 25.1% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 314,566 shares of the ETF’s stock after selling 105,582 shares during the period. Vanguard Total Stock Market ETF makes up 2.0% of NewEdge Advisors LLC’s investment portfolio, making the stock its 6th largest holding. NewEdge Advisors LLC’s holdings in Vanguard Total Stock Market ETF were worth $100,916,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of VTI. Core Wealth Advisors LLC acquired a new position in shares of Vanguard Total Stock Market ETF during the fourth quarter valued at about $30,000. Hilton Head Capital Partners LLC purchased a new stake in shares of Vanguard Total Stock Market ETF during the 4th quarter valued at $31,000. Wealth Watch Advisors INC purchased a new stake in Vanguard Total Stock Market ETF during the third quarter worth about $31,000. Basepoint Wealth LLC purchased a new stake in shares of Vanguard Total Stock Market ETF during the 4th quarter worth approximately $32,000. Finally, Torren Management LLC bought a new stake in shares of Vanguard Total Stock Market ETF in the fourth quarter valued at $36,000. Institutional investors and hedge funds own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

VTI stock opened at $360.42 on Thursday. The stock has a fifty day moving average of $368.00 and a 200-day moving average of $350.04. Vanguard Total Stock Market ETF has a fifty-two week low of $304.40 and a fifty-two week high of $374.70. The company has a market capitalization of $646.09 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01.

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. 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.