Telos Capital Management Inc. Cuts Stock Holdings in Vanguard Total Stock Market ETF $VTI

Telos Capital Management Inc. lessened its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 2.5% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 121,288 shares of the company’s stock after selling 3,075 shares during the period. Vanguard Total Stock Market ETF makes up about 3.7% of Telos Capital Management Inc.’s holdings, making the stock its 2nd largest position. Telos Capital Management Inc.’s holdings in Vanguard Total Stock Market ETF were worth $38,910,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Ervin Investment Management LLC boosted its holdings in Vanguard Total Stock Market ETF by 121.5% during the 4th quarter. Ervin Investment Management LLC now owns 3,668 shares of the company’s stock worth $1,230,000 after acquiring an additional 2,012 shares during the last quarter. Serenus Wealth Advisors LLC boosted its holdings in Vanguard Total Stock Market ETF by 31.7% during the fourth quarter. Serenus Wealth Advisors LLC now owns 33,831 shares of the company’s stock worth $11,343,000 after purchasing an additional 8,144 shares during the last quarter. Rolek Wealth Management LLC grew its position in Vanguard Total Stock Market ETF by 7.5% in the 4th quarter. Rolek Wealth Management LLC now owns 25,652 shares of the company’s stock worth $8,600,000 after purchasing an additional 1,799 shares in the last quarter. Diversified Management Inc. purchased a new stake in Vanguard Total Stock Market ETF in the 4th quarter valued at about $5,067,000. Finally, RM Financial Services LLC purchased a new stake in Vanguard Total Stock Market ETF in the 4th quarter valued at about $3,163,000. Institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Down 0.3%

Shares of NYSEARCA VTI opened at $368.81 on Tuesday. The company has a market capitalization of $644.39 billion, a PE ratio of 24.26 and a beta of 1.01. The stock’s 50 day moving average price is $360.78 and its 200-day moving average price is $344.26. Vanguard Total Stock Market ETF has a twelve month low of $291.97 and a twelve month high of $374.70.

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. 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.