Stephens Inc. AR Sells 25,852 Shares of Vanguard Total Stock Market ETF $VTI

Stephens Inc. AR decreased its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 3.7% during the 4th quarter, Holdings Channel reports. The firm owned 673,618 shares of the company’s stock after selling 25,852 shares during the period. Vanguard Total Stock Market ETF comprises about 2.8% of Stephens Inc. AR’s investment portfolio, making the stock its 2nd biggest position. Stephens Inc. AR’s holdings in Vanguard Total Stock Market ETF were worth $225,844,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. Novare Capital Management LLC increased its position in shares of Vanguard Total Stock Market ETF by 26.3% during the 4th quarter. Novare Capital Management LLC now owns 2,010 shares of the company’s stock worth $674,000 after purchasing an additional 419 shares during the last quarter. Cauble & Harre Wealth Management Inc. acquired a new position in shares of Vanguard Total Stock Market ETF during the 4th quarter worth approximately $208,000. Sound Portfolio Advisors LLC acquired a new position in shares of Vanguard Total Stock Market ETF during the 4th quarter worth approximately $24,429,000. AlphaCore Capital LLC increased its position in shares of Vanguard Total Stock Market ETF by 28.8% during the 4th quarter. AlphaCore Capital LLC now owns 95,575 shares of the company’s stock worth $32,043,000 after purchasing an additional 21,350 shares during the last quarter. Finally, Prudent Investors Network Inc. increased its position in shares of Vanguard Total Stock Market ETF by 123.0% during the 4th quarter. Prudent Investors Network Inc. now owns 1,893 shares of the company’s stock worth $635,000 after purchasing an additional 1,044 shares during the last quarter. Institutional investors and hedge funds own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Down 1.3%

NYSEARCA:VTI opened at $362.74 on Friday. The firm has a market capitalization of $633.78 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a twelve month low of $283.00 and a twelve month high of $368.25. The stock’s 50 day moving average price is $339.25 and its two-hundred day moving average price is $337.70.

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.