Richmond Investment Services LLC Has $3.91 Million Stock Position in Vanguard Total Stock Market ETF $VTI

Richmond Investment Services LLC lowered its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 21.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,195 shares of the company’s stock after selling 3,396 shares during the quarter. Richmond Investment Services LLC’s holdings in Vanguard Total Stock Market ETF were worth $3,912,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of VTI. Vanguard Group Inc. lifted its holdings in shares of Vanguard Total Stock Market ETF by 3.8% during the 4th quarter. Vanguard Group Inc. now owns 62,622,049 shares of the company’s stock valued at $20,995,293,000 after buying an additional 2,291,938 shares during the last quarter. Wealthfront Advisers LLC increased its holdings in Vanguard Total Stock Market ETF by 0.9% in the fourth quarter. Wealthfront Advisers LLC now owns 18,025,283 shares of the company’s stock worth $6,043,337,000 after buying an additional 163,272 shares during the last quarter. Bank of America Corp DE raised its position in Vanguard Total Stock Market ETF by 2.5% during the fourth quarter. Bank of America Corp DE now owns 14,185,248 shares of the company’s stock valued at $4,755,888,000 after acquiring an additional 343,136 shares in the last quarter. LPL Financial LLC raised its position in Vanguard Total Stock Market ETF by 2.0% during the fourth quarter. LPL Financial LLC now owns 14,079,780 shares of the company’s stock valued at $4,720,528,000 after acquiring an additional 277,939 shares in the last quarter. Finally, WealthNavi Inc. lifted its stake in Vanguard Total Stock Market ETF by 4.4% in the first quarter. WealthNavi Inc. now owns 12,935,073 shares of the company’s stock valued at $4,149,701,000 after acquiring an additional 540,294 shares during the last quarter. 28.92% of the stock is owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Stock Down 0.6%

VTI stock opened at $369.61 on Wednesday. The company has a market capitalization of $662.56 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 12 month low of $304.00 and a 12 month high of $374.70. The firm has a 50 day moving average of $365.37 and a two-hundred day moving average of $346.65.

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.