Wealth Effects LLC Sells 1,679 Shares of Vanguard Total Stock Market ETF $VTI

Wealth Effects LLC decreased its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 5.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,457 shares of the company’s stock after selling 1,679 shares during the quarter. Vanguard Total Stock Market ETF accounts for approximately 2.9% of Wealth Effects LLC’s holdings, making the stock its 6th largest position. Wealth Effects LLC’s holdings in Vanguard Total Stock Market ETF were worth $9,011,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Toth Financial Advisory Corp acquired a new stake in shares of Vanguard Total Stock Market ETF during the second quarter worth $27,000. MJT & Associates Financial Advisory Group Inc. boosted its holdings in shares of Vanguard Total Stock Market ETF by 165.7% in the 2nd quarter. MJT & Associates Financial Advisory Group Inc. now owns 93 shares of the company’s stock valued at $28,000 after buying an additional 58 shares during the period. Evolution Wealth Management Inc. bought a new stake in shares of Vanguard Total Stock Market ETF during the 2nd quarter valued at about $29,000. Strategic Wealth Investment Group LLC acquired a new stake in Vanguard Total Stock Market ETF during the second quarter worth about $33,000. Finally, Anfield Capital Management LLC bought a new position in Vanguard Total Stock Market ETF in the second quarter worth about $45,000. 28.92% of the stock is owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Stock Down 0.4%

Shares of VTI stock opened at $341.00 on Thursday. The company has a market cap of $580.69 billion, a P/E ratio of 24.26 and a beta of 1.02. The business has a 50 day moving average of $335.15 and a two-hundred day moving average of $325.26. Vanguard Total Stock Market ETF has a 52 week low of $236.42 and a 52 week high of $343.54.

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.