Vanguard Total Stock Market ETF $VTI Stock Position Lowered by Modern Wealth Management LLC

Modern Wealth Management LLC decreased its holdings in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 2.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 297,760 shares of the ETF’s stock after selling 7,398 shares during the quarter. Vanguard Total Stock Market ETF comprises approximately 1.6% of Modern Wealth Management LLC’s holdings, making the stock its 8th biggest holding. Modern Wealth Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $96,248,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Cardinal Point Capital Management ULC grew its position in Vanguard Total Stock Market ETF by 5.2% in the first quarter. Cardinal Point Capital Management ULC now owns 611,956 shares of the ETF’s stock worth $196,322,000 after acquiring an additional 30,152 shares in the last quarter. Ervin Investment Management LLC increased its stake in Vanguard Total Stock Market ETF by 121.5% during the fourth quarter. Ervin Investment Management LLC now owns 3,668 shares of the ETF’s stock worth $1,230,000 after acquiring an additional 2,012 shares during the last quarter. Serenus Wealth Advisors LLC raised its position in Vanguard Total Stock Market ETF by 31.7% during the fourth quarter. Serenus Wealth Advisors LLC now owns 33,831 shares of the ETF’s stock valued at $11,343,000 after purchasing an additional 8,144 shares during the period. Rolek Wealth Management LLC raised its position in Vanguard Total Stock Market ETF by 7.5% during the fourth quarter. Rolek Wealth Management LLC now owns 25,652 shares of the ETF’s stock valued at $8,600,000 after purchasing an additional 1,799 shares during the period. Finally, Diversified Management Inc. bought a new position in shares of Vanguard Total Stock Market ETF during the 4th quarter valued at approximately $5,067,000. 28.92% of the stock is owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Stock Performance

NYSEARCA:VTI opened at $364.69 on Friday. The firm has a market capitalization of $653.74 billion, a PE ratio of 24.26 and a beta of 1.01. The stock’s fifty day moving average is $367.86 and its 200 day moving average is $349.36. Vanguard Total Stock Market ETF has a fifty-two week low of $304.40 and a fifty-two week 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.