Vanguard Total Stock Market ETF $VTI Stake Cut by Sigma Investment Counselors Inc.

Sigma Investment Counselors Inc. lessened its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 2.9% in the third quarter, HoldingsChannel.com reports. The firm owned 63,557 shares of the company’s stock after selling 1,892 shares during the period. Vanguard Total Stock Market ETF accounts for approximately 1.1% of Sigma Investment Counselors Inc.’s investment portfolio, making the stock its 24th biggest holding. Sigma Investment Counselors Inc.’s holdings in Vanguard Total Stock Market ETF were worth $20,857,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Aviance Capital Partners LLC lifted its holdings in Vanguard Total Stock Market ETF by 1.1% in the third quarter. Aviance Capital Partners LLC now owns 9,607 shares of the company’s stock worth $3,153,000 after acquiring an additional 103 shares during the last quarter. Beaumont Asset Management L.L.C. grew its holdings in shares of Vanguard Total Stock Market ETF by 0.7% during the third quarter. Beaumont Asset Management L.L.C. now owns 7,078 shares of the company’s stock valued at $2,323,000 after purchasing an additional 51 shares during the last quarter. Sequoia Financial Advisors LLC raised its position in shares of Vanguard Total Stock Market ETF by 2.6% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 3,647,344 shares of the company’s stock worth $1,196,949,000 after purchasing an additional 92,108 shares during the period. Howland Capital Management LLC lifted its holdings in shares of Vanguard Total Stock Market ETF by 1.7% in the 3rd quarter. Howland Capital Management LLC now owns 17,797 shares of the company’s stock worth $5,856,000 after purchasing an additional 295 shares during the last quarter. Finally, AllGen Financial Advisors Inc. lifted its holdings in shares of Vanguard Total Stock Market ETF by 2.7% in the 3rd quarter. AllGen Financial Advisors Inc. now owns 266,758 shares of the company’s stock worth $87,542,000 after purchasing an additional 7,118 shares during the last quarter. 28.92% of the stock is owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Price Performance

Shares of VTI opened at $341.85 on Friday. The company has a market cap of $582.13 billion, a P/E ratio of 24.26 and a beta of 1.02. The stock has a fifty day moving average price of $335.64 and a 200 day moving average price of $325.79. Vanguard Total Stock Market ETF has a 12 month low of $236.42 and a 12 month high of $343.67.

Vanguard Total Stock Market ETF 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.