Covestor Ltd Lowers Stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Covestor Ltd lessened its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 8.3% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,442 shares of the company’s stock after selling 583 shares during the period. Vanguard Total Stock Market ETF accounts for about 1.2% of Covestor Ltd’s portfolio, making the stock its 2nd biggest position. Covestor Ltd’s holdings in Vanguard Total Stock Market ETF were worth $1,771,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in VTI. Citizens National Bank Trust Department bought a new position in shares of Vanguard Total Stock Market ETF in the 1st quarter valued at $34,000. Pinney & Scofield Inc. bought a new position in shares of Vanguard Total Stock Market ETF in the 4th quarter valued at $41,000. Vision Financial Markets LLC bought a new position in shares of Vanguard Total Stock Market ETF in the 1st quarter valued at $44,000. Inlight Wealth Management LLC bought a new position in shares of Vanguard Total Stock Market ETF in the 1st quarter valued at $45,000. Finally, Hamilton Point Investment Advisors LLC bought a new position in shares of Vanguard Total Stock Market ETF in the 1st quarter valued at $46,000. Institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Up 0.6%

Shares of VTI stock opened at $313.03 on Friday. The firm has a market capitalization of $515.35 billion, a P/E ratio of 24.26 and a beta of 1.02. Vanguard Total Stock Market ETF has a twelve month low of $236.42 and a twelve month high of $314.84. The stock’s fifty day simple moving average is $303.75 and its 200 day simple moving average is $289.53.

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.