Vanguard Total Stock Market ETF $VTI Stock: Prime Capital Investment Advisors LLC Trims Position

Prime Capital Investment Advisors LLC cut its position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 4.3% in the third quarter, HoldingsChannel reports. The firm owned 1,018,107 shares of the ETF’s stock after selling 45,896 shares during the period. Vanguard Total Stock Market ETF comprises about 3.7% of Prime Capital Investment Advisors LLC’s investment portfolio, making the stock its 2nd largest holding. Prime Capital Investment Advisors LLC’s holdings in Vanguard Total Stock Market ETF were worth $381,016,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in VTI. Bank of America Corp DE grew its position in shares of Vanguard Total Stock Market ETF by 0.7% during the 1st quarter. Bank of America Corp DE now owns 14,287,409 shares of the ETF’s stock worth $4,583,544,000 after buying an additional 102,161 shares in the last quarter. WealthNavi Inc. increased its stake in shares of Vanguard Total Stock Market ETF by 4.4% during the first quarter. WealthNavi Inc. now owns 12,935,073 shares of the ETF’s stock valued at $4,149,701,000 after buying an additional 540,294 shares during the period. HB Wealth Management LLC increased its stake in shares of Vanguard Total Stock Market ETF by 0.4% during the second quarter. HB Wealth Management LLC now owns 8,759,071 shares of the ETF’s stock valued at $3,089,725,000 after buying an additional 32,666 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of Vanguard Total Stock Market ETF by 1.7% in the second quarter. Envestnet Asset Management Inc. now owns 6,136,001 shares of the ETF’s stock valued at $2,270,566,000 after acquiring an additional 104,980 shares in the last quarter. Finally, Narodna banka Slovenska bought a new stake in shares of Vanguard Total Stock Market ETF in the first quarter valued at about $1,762,447,000. 28.92% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Price Performance

VTI stock opened at $377.09 on Wednesday. Vanguard Total Stock Market ETF has a 1-year low of $310.40 and a 1-year high of $385.12. The business has a 50-day moving average price of $378.20 and a 200 day moving average price of $367.86. The company has a market capitalization of $694.52 billion, a P/E ratio of 24.26 and a beta of 1.01.

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.