Vanguard Total Stock Market ETF $VTI Shares Sold by Balentine LLC

Balentine LLC lowered its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 1.9% in the first quarter, Holdings Channel reports. The firm owned 132,975 shares of the company’s stock after selling 2,595 shares during the quarter. Vanguard Total Stock Market ETF comprises about 1.7% of Balentine LLC’s holdings, making the stock its 10th biggest position. Balentine LLC’s holdings in Vanguard Total Stock Market ETF were worth $42,660,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in shares of Vanguard Total Stock Market ETF by 3.8% in the fourth quarter. Vanguard Group Inc. now owns 62,622,049 shares of the company’s stock valued at $20,995,293,000 after acquiring an additional 2,291,938 shares during the last quarter. Wealthfront Advisers LLC raised its holdings in Vanguard Total Stock Market ETF by 0.9% during the fourth quarter. Wealthfront Advisers LLC now owns 18,025,283 shares of the company’s stock worth $6,043,337,000 after acquiring an additional 163,272 shares in the last quarter. Bank of America Corp DE boosted 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 purchasing an additional 343,136 shares during the last quarter. LPL Financial LLC boosted 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 purchasing an additional 277,939 shares during the last quarter. Finally, WealthNavi Inc. grew 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 purchasing an additional 540,294 shares in the last quarter. 28.92% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Stock Down 0.2%

VTI stock opened at $369.27 on Thursday. The company has a market cap of $655.05 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 $303.51 and a twelve month high of $374.70. The business has a 50 day moving average price of $363.81 and a two-hundred day moving average price of $345.65.

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.